Antitrust Day of Action Takes Aim at Power of Tech Giants

United States News News

Antitrust Day of Action Takes Aim at Power of Tech Giants
United States Latest News,United States Headlines
  • 📰 commondreams
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

'In order to hold companies accountable for predatory practices, spreading disinformation, misusing people's most personal data, and targeting children... we need to pass antitrust reform right now.' Tech_Oversight

"In the fight to hold Big Tech responsible for their wrongdoing, we are at a historic must-win moment," said one advocate.More than 100 advocacy groups were joined by some of Silicon Valley's smaller tech companies Monday as they launched Antitrust Day, a day of action aimed at pressuring federal lawmakers to pass legislation that would rein in tech giants which advocates say"pose an existential threat to democracy" as they stifle competition and disempower consumers.

ensure app developers can offer competitive pricing, bar major app stores from requiring specific in-app payments, and set privacy and security safeguards for consumers. The bill would take aim at companies which own platforms and compete with smaller companies on those same platforms, like Facebook, Amazon, Apple, and Google—companies that are"riven with conflicts of interest," as Fordham University School of Law professor Zephyr Teachout"They own platforms and compete on the platforms, so Congress should pass a law delineating single-minded business rules for the very biggest tech companies," Teachout said.

Digital rights groups argue that anti-competitive behavior by companies like Facebook and Apple has serious consequences for human rights.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

commondreams /  🏆 530. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech companies, advocacy groups urge antitrust actionTech companies, advocacy groups urge antitrust actionYelp and DuckDuckGo are among the tech companies urging their users to support antitrust bills to rein in Big Tech as part of a day of action with advocacy groups.
Read more »

Will a gas tax holiday or rebate program actually pass Congress?Will a gas tax holiday or rebate program actually pass Congress?The Biden administration is well aware of the impact the gas price hike is having on Americans and has taken some action in the last few days.
Read more »

‘SNL’ takes aim at Clarence Thomas, wife Ginni Thomas over text message controversy‘SNL’ takes aim at Clarence Thomas, wife Ginni Thomas over text message controversyClarence Thomas, played by “SNL” veteran Kenan Thompson, and Ginni Thomas, played by Kate McKinnon, appear as guests on the “Fox and Friends” morning news show.
Read more »

Huawei’s CFO promoted to a top post months after U.S. extradition dealHuawei’s CFO promoted to a top post months after U.S. extradition dealChinese tech giant Huawei Technologies has promoted chief financial officer Meng Wanzhou to a key role just half a year after the end of her U.S. extradition fight
Read more »

Twitter shares jump as Elon Musk takes 9.2% stake in social media giantTwitter shares jump as Elon Musk takes 9.2% stake in social media giantElon Musk has taken a 9.2% stake in social media giant Twitter, according to an SEC filing, as of March 14.
Read more »



Render Time: 2025-02-23 22:34:20