Congressional Democrats Admit Big Tech Companies Abuse Monopoly Power

A recent report from top Democratic Congressional lawmakers has determined that tech giants such as Amazon, Apple, Facebook, and Google engage in anti-competitive behavior. According to the report, “To put it simply, companies that once were scrappy, underdog startups that challenged the status quo have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.”

This combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg. On Wednesday, July 29, 2020, the four Big Tech leaders will answer for their companies’ practices before Congress at a hearing by the House Judiciary subcommittee on …

Tech Pioneer: Google and Facebook Are ‘Choking’ the Web

Basecamp co-founder and CTO David Heinemeier Hansson, who created the popular “Ruby on Rails” web application framework, discussed the state of the modern internet in a recent interview, stating that a handful of companies like Google and Facebook have “colonized the web, and they’re choking it.” According to Hansson, “We need stringent and overdue legislation, we need to break up monopolies, and we need to give consumers better alternatives.”

Facebook chief Mark Zuckerberg was grilled by the US Congress last month but sent one of his executives to answer questions posed by the House of Commons culture and media committee