House Democrats say Facebook, Amazon, Alphabet, Apple enjoy 'monopoly power' and recommend big changes

United States News News

House Democrats say Facebook, Amazon, Alphabet, Apple enjoy 'monopoly power' and recommend big changes
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

House Democrats say Facebook, Amazon, Alphabet, Apple enjoy 'monopoly power,' recommend big changes

Rep. Ken Buck, R-Colo., a key ally of the subcommittee majority who has been in favor of antitrust reform, hasto the report outlining areas of "common ground" and "non-starters," according to a draft version obtained by CNBC. A GOP spokesperson confirmed to CNBC that Judiciary Committee Ranking Member Jim Jordan, R-Ohio, plans to release his own response about allegations of platforms' bias against conservatives, which the companies have repeatedly denied.

The Democratic report found that the four tech companies enjoy monopoly power in the following areas:Amazon: most third-party sellers and many suppliers.

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:

CNBC /  🏆 12. 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.

Senate Democrats: Trump ‘Deliberately Withheld’ Information On White House Outbreak To ‘Minimize Public Scrutiny’Senate Democrats: Trump ‘Deliberately Withheld’ Information On White House Outbreak To ‘Minimize Public Scrutiny’They called on the administration to follow all CDC guidelines and to update the public on the contact tracing process.
Read more »

House Democrats proposing to split big technology firms, reports sayHouse Democrats proposing to split big technology firms, reports sayHouse Democrats investigating the power of big technology firms are looking at possibly breaking up the companies, according to published reports. Their ideas could turn into laws if Democrats also capture the U.S. Senate and the presidency.
Read more »

House panel investigates political interference by White House over coronavirus at CDC and FDAHouse panel investigates political interference by White House over coronavirus at CDC and FDAThe subcommittee is seeking documents and information from the FDA and CDC on agency actions, drafts submitted to the White House and changes made during the review process.
Read more »

White House Sanitizes the Hell Outta Press Room Amid COVID OutbreakWhite House Sanitizes the Hell Outta Press Room Amid COVID OutbreakA White House cleaning staff member does some serious sanitizing of the press room amid the COVID breakout.
Read more »

White House aides anxious as coronavirus cases rise in Trump's orbit: SourcesWhite House aides anxious as coronavirus cases rise in Trump's orbit: SourcesFear and anxiety among White House staffers hit a new level Monday after White House press secretary Kayleigh McEnany revealed that she and two of her aides were positive for the coronavirus, sources said. McEnany and her staff became the latest members of the administration to test positive for the
Read more »

President arrives at White House, removes mask and salutesPresident arrives at White House, removes mask and salutesPres. Trump removed his mask after returning from Walter Reed Medical Center yesterday amid treatment for COVID-19. The president arrived at a White House plagued by COVID-19, as 18 people in his orbit have reported testing positive since last week.
Read more »



Render Time: 2025-02-12 04:46:54