Washington, DC — After years of calling out Amazon, Google, Facebook, and Apple for abusing their monopoly power, Open Markets is cautiously optimistic that law enforcers finally intend to protect American democracy and American capitalism from these behemoths.
“We certainly hope this is a move in the right direction,” said Open Markets Executive Director Barry Lynn, in reference to reports that the Justice Department and the Federal Trade Commission are coordinating investigations of the four corporations. “We look forward to seeing this move translate into concrete meaningful action by the agencies charged with enforcing U.S. law.”
The news that the FTC has struck a deal with the DOJ to divvy up oversight of Google, Facebook, Amazon, and Apple comes amid a growing bipartisan agreement that big tech’s power must be reined. Many foreign law enforcers and U.S. state attorneys general have already signaled their willingness to take action against the Silicon Valley giants.
Under the rumored agreement, the FTC will be in charge of investigating Facebook and Amazon while the DOJ will be in charge of investigations into Google and Apple.
Reporting the news earlier today, the New York Times noted Open Markets’ leading role in raising concerns about the power of these corporations and the danger it poses. The Times also noted that the issue is of growing importance to voters, with polls showing “growing anxiety about the influence of technology on American lives, and the issue has emerged as a litmus test for the 2020 Democratic presidential field.”
Article via Open Markets
We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.
[gravityform id=”2″ title=”true” description=”false”]
Promo for Mike Lindell's New Daily Show
All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.
With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!
JD Rucker – EIC