Wednesday 26 August 2020

House Antitrust Inquiry Confirms Abuse of Market Power by Apple, Others [Report]



David Cicilline, chairman of the House Antitrust Subcommittee, says a year-long inquiry has confirmed anticompetitive behavior by Apple, Google, Facebook, and Amazon.

In an interview on Wednesday, Cicilline said that Congress must act urgently to rein in the four big tech companies.

“All of these companies engage in behavior which is deeply disturbing and requires Congress to take action,” said Cicilline. “The kind of common theme is the abuse of their market power to maintain their market dominance, to crush competitors, to exclude folks from their platform and to earn monopoly rents.”





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