Congress wants big changes forced on anti-competitive Apple, Google, Facebook, and Amazon
Over the years, the U.S. government has broken some of the monopolies that were considered too large and powerful for the good of the people. Standard Oil was split in 1911 into 34 separate companies. 71 years later, AT&T controls every aspect of the telephone industry; It was also the main supplier of mobile phones […]
The House report suggests that mergers between leading technology companies should automatically be considered anti-competitive.
The report also recommends that instead of allowing leading platforms to choose their own services, they should force other companies to provide “equal conditions for similar products and services.” Staff members want these “leading platforms” to see their services compatible with competitors, and to raise budgets for agencies involved in anti-competitive practices, such as the Federal Trade Commission (FTC) and the Department of Justice’s no-confidence division.
Republicans opposed the issues and proposals in the report with Jim Jordan of the Republic of Ohio. Instead of focusing on the potential anti-competitive behavior of Apple, Amazon, Facebook and Google, Jordan used it to complain about how the four technology companies mentioned above are biased towards the Conservatives.
The App Store is where staff find the company to be anti-competitive
With 40% -50% of online sales in the US, Amazon does not produce a free market with the power over its third party sellers. According to the report, “Amazon has engaged in widespread anti-competitive behavior when it comes to treating third-party sellers. Amazon publicly describes third-party sellers as ‘partners’, but internal documents indicate that the company behind closed doors calls them” internal competitors “. But Amazon says it is not in its best interests to act against third-party vendors on its platform.
The staff concluded that Google was a monopoly on search and search ads. The report states, “Many market participants have likened Google to a gatekeeper who extorts users to access its critical distribution channel, and its search page shows less relevant results to users.” Google responds, “Google’s free products, Search, Maps, and Gmail help millions of Americans. We have invested billions of dollars in research and development to build and improve them. We do not agree with current reports, including outdated and false allegations, from commercial rivals about searches and other services.
These investigations have the support of the U.S. population. In fact, 85% of these online platforms are 81% concerned about the amount of data they have, and they are concerned that this data collection is only a prelude to these companies gathering more information about them. 58% do not believe their search results are unbiased. 79% say large technology integrations are bad for competition and consumer choice. Also, 60% would like to see online platform regulation and the ability to switch from one platform to another without losing data or contacts.
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