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Big Tech And Antitrust
June 9, 20198:13 AM ET
The government is looking into whether the large tech giants, such as Google and Facebook, are violating antitrust law. We look at the arguments for more regulation.
The federal government is taking a closer look at big tech and whether some of the nation's leading technology companies are stifling competition. The Justice Department and the Federal Trade Commission have reportedly agreed to split up antitrust oversight of the Big Four. That's Google, Apple, Amazon and Facebook. And last week the House Judiciary Committee said it's launching its own antitrust investigation into big tech companies with the first hearing set for Tuesday. The U.S. government has long played a role in deciding how powerful a business can get without being unfair, and we asked Jacob Goldstein from NPR's Planet Money podcast to come explain some of that history.
https://www.npr.org/2019/06/09/731044346/big-tech-and-antitrust
Trump Executive Order Will Call for Big Tech Regulation
A draft executive order from the White House would put two federal agencies — the Federal Communications Commission (FCC) and the Federal Trade Commission (FTC) — in charge of shaping regulations to limit how Facebook, Twitter, and other big tech companies curate content on their websites. While most big tech employees are liberal and many conservatives (and liberals who think for themselves) have experienced social media bans, conservatives are divided on whether or not regulation provides the best remedy for big tech bias.
CNN obtained a summary of Trump's draft order, currently entitled "Protecting Americans from Online Censorship." The order claims the White House has received more than 15,000 complaints about social media platforms censoring American political discourse — complaints the White House will share with the FTC.
The order will direct the FTC to open a public complaint docket and work with the FCC to develop a report investigating how tech companies curate their platforms and whether that curation is politically biased. The investigation would target companies whose monthly user base accounts for one-eight of the U.S. population or more, including but not limited to Facebook, Google, Instagram, Twitter, Pinterest, and Snapchat.
https://pjmedia.com/trending/trump-executive-order-will-call-for-big-tech-regulation/