Watch Live: Biden Speaks in Georgia

    One week before Election Day, the Democratic presidential nominee, Joseph R. Biden Jr., will deliver a campaign speech in Warm Springs, Ga.

    Classrooms Without Walls, and Hopefully Covid

    First graders sit crisscross applesauce on tree stumps, hands sky-high to ask a question. Third graders peer closely at the plants growing in class...

    Protests erupt in Philadelphia after police shot and killed a knife-wielding black man, 27

    BLM protesters throw bricks at Philadelphia cops and looters attack buildings across the city after police shot and killed a knife-wielding black man Protests have...

    Katie Price’s daughter Princess, 13, dutifully pushes her mum’s wheelchair to the hair salon

    Katie Price's daughter Princess, 13, dutifully pushes her mum's wheelchair to the hair salon before snapping selfies during pamper session By Ciara Farmer For Mailonline...

    House Lawmakers Condemn Big Tech’s ‘Monopoly Power’

    WASHINGTON — House lawmakers who spent the last 15 months investigating the practices of the world’s largest technology companies said on Tuesday that Amazon, Apple, Facebook and Google had exercised and abused their monopoly power and called for the most sweeping set of changes to antitrust laws in half a century.

    In a 449-page report that was presented by the House Judiciary Committee’s Democratic leadership, lawmakers said the four companies had turned from “scrappy” start-ups into “the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.” The lawmakers said the companies had abused their dominant positions, setting and often dictating prices and rules for commerce, search, advertising, social networking and publishing.

    To amend the inequities, the lawmakers recommended restoring competition by restructuring many of the companies, emboldening the agencies that police market concentration and throwing up hurdles for the companies to acquire start-ups. They also proposed reforming antitrust laws, in the biggest potential shift since the Hart-Scott-Rodino Act of 1976 created stronger reviews of big mergers.

    “The totality of the evidence produced during this investigation demonstrates the pressing need for legislative action and reform,” the report said. “These firms have too much power, and that power must be reined in and subject to appropriate oversight and enforcement.”

    The House report is the most significant government effort to check the world’s largest tech companies since the government sued Microsoft for antitrust violations in the 1990s. It offers lawmakers a deeply researched road map for turning criticism of Silicon Valley’s influence into concrete actions.

    The report is also expected to kick off other actions against the tech giants. The Justice Department has been working to file an antitrust complaint against Google, followed by separate suits against the internet search giant from state attorneys general. Antitrust investigations of Amazon, Apple and Facebook are also underway at the Justice Department, the Federal Trade Commission and four dozen state attorneys general.

    But the House antitrust subcommittee split along party lines on how to remedy and corral the power of the tech companies, pointing to an uphill battle for Congress to curtail them.

    Democrats proposed legal changes that could substantially restructure Facebook, Google, Amazon and Apple. They said Congress should consider making it illegal for the tech giants to provide preferential treatment to their own products, as Google does in search results, or to compete directly with other companies that use their platforms, as Amazon does in its marketplace.

    Some Republicans agreed with proposals to bolster funding for antitrust enforcement agencies, but balked at calls for Congress to intervene in restructuring the businesses and their business models. Others have refused to endorse any of the Democrats’ findings.

    “I agree with about 330 pages of the majority’s report,” said Rep. Ken Buck, a Republican of Colorado. But he said he could not agree with recommendations to embolden consumer lawsuits and the breakup of companies, calling them “the nuclear option.”

    This is a developing story. Check back for updates.


    Please enter your comment!
    Please enter your name here

    Latest Posts

    Pokemon trading card haul ‘worth $375,000’ turns out to be fake

    Gotta scam 'em all? YouTuber livestreams moment he opens sealed box 'full of first edition Pokemon cards' he paid $375,000 for – and finds...

    The Bachelorette: Becky Miles’ final suitors are ‘revealed’ in leaked photos

    The Bachelorette SPOILER: Becky Miles' final suitors are 'revealed' in leaked photos as two of her suitors go on a boys' trip to Byron...

    SAS Australia: Eden Dally missed son Boston’s firsts during filming

    SAS Australia EXCLUSIVE: 'I missed him saying Dada': Eden Dally reveals he was 'hurting inside' while filming series as he sacrificed his son Boston's...

    Kavanaugh’s Opinion in Wisconsin Voting Case Raises Alarms Among Democrats

    The Supreme Court decision on Monday barring the counting of mail-in ballots in Wisconsin that arrive after Election Day was not a surprise for...