Making America Antitrust Again
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English - June 05, 2019 16:00 - ★★★★★ - 8.2K ratingsNews Commentary News History news media radio advertising newspaper magazine npr wnyc journalism technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This week, the US House Antitrust subcommittee announced a probe into the mainly-unchecked power of tech giants like Google, Facebook, Apple and Amazon. The investigation could include public hearings and subpoenas toward antitrust intervention into the businesses of Silicon Valley leviathans. The news came on the same day that The Wall Street Journal reported that the Federal Trade Commission and the Justice Department are expanding their oversight into Facebook and Google's anti-competitive practices.
Last November, Brooke spoke with Stacy Mitchell, co-director of the Institute for Local Self-Reliance, about Amazon’s domination over industry after industry and where we stand in the arc of antitrust regulation. In 2018, Mitchell wrote an article for The Nation called “Amazon Doesn't Just Want to Dominate the Market — It Wants to Become the Market.”