For decades, a corporatist Republican Party blithely toed a libertarian line on antitrust, instinctively opposing all but the most egregious restraints of trade. No longer.
The legal action could change how Amazon negotiates with more than 2 million third-party sellers.
In ASP's second Chat looking at monopolies, the history of America's antitrust laws, and the current debates over the power of big tech, Chris Evans and Mark Kassen talk with Senator Mike Lee about free speech, privacy, and the delicate balance of protecting consumers without stifling innovation.
The best way to think about antitrust, then, is to take away coordination rights from Big Tech companies and grant them instead to workers, closer to the original aims of antitrust law to begin with.
"Right now, you have a few companies that dominate as gatekeepers in so many areas," said Klobuchar.
We can, and must, use all tools necessary in our policy and legal arsenal to rein in the Big Tech oligarchs before it is too late.
Everything conservatives say they stand for—free thought, free speech and free markets—is now under threat.
Will Chamberlain of the Internet Accountability Project debates Matthew Feeney of the Cato Institute.
Google pays Apple an estimated $10 billion per year to be the default search engine on its devices. Google, meanwhile, sees an approximate 50 percent of searches coming from Apple products.
The lawsuit filed Tuesday morning against Google has nothing to do with President Donald Trump, said Deputy Attorney General Jeffrey Rosen.
"These firms have too much power, and that power must be reined in and subject to appropriate oversight and enforcement. Our economy and democracy are at stake," the report said.
The four technology companies "have too much power, and that power must be reined in and subject to appropriate oversight and enforcement," the subcommittee's report said.
House Republicans must pick a side.
"I believe Amazon should be scrutinized. We should scrutinize all large institutions, whether they're companies, government agencies, or non-profits," the world's richest man is expected to tell Congress.
"There are things small companies simply can't do. I don't care how good an entrepreneur you are, you're not going to build [a] Boeing 787 in your garage," the Amazon boss is expected to tell politicians on Wednesday.
"Facebook is a successful company now, but we got there the American way: we started with nothing and provided better products that people find valuable," Zuckerberg will say.
The congressional hearing will include Amazon CEO Jeff Bezos, Alphabet CEO Sundar Pichai, Facebook CEO Mark Zuckerberg and Apple CEO Tim Cook—here's how to watch via live-stream.
As technology companies augment their power over our day-to-day lives, the debate over government regulation has never been more relevant.
The antitrust cases against Google are watershed moments in consumers' fight against Big Tech.
EU Commissioner Margrethe Vestager accused Google of "illegal misuse of its dominant position."
Gab.com, a far-right social media alternative to Twitter, lashed out at "Big Tech" and called on President Donald Trump to stop Silicon Valley "collusion" against the company.
Will the powers of the federal government be invoked to settle a personal grudge?