{"id":83708,"date":"2020-10-07T16:17:19","date_gmt":"2020-10-07T13:17:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/"},"modified":"2020-10-07T16:17:19","modified_gmt":"2020-10-07T13:17:19","slug":"5-things-you-need-to-know-from-congresss-big-tech-antitrust-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/","title":{"rendered":"#5 things you need to know from Congress\u2019s big tech antitrust report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a373ad3a0131\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a373ad3a0131\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#Big_tech_is_already_pushing_back\" >Big tech is already pushing back.<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#Tech_isnt_what_it_once_was\" >Tech isn\u2019t what it once was<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#Laying_out_Apple_Amazon_Google_Facebook_%E2%80%98monopoly_power\" >Laying out Apple, Amazon, Google, Facebook \u2018monopoly power\u2019<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#%E2%80%98Restoring_competition_in_the_digital_market\" >\u2018Restoring competition in the digital market\u2019<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#Recommendations_on_strengthening_antitrust_laws\" >Recommendations on strengthening antitrust laws<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#Big_tech_is_fighting_back\" >Big tech is fighting back<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/5-things-you-need-to-know-from-congresss-big-tech-antitrust-report\/#This_weeks_top_technology_stories\" >This week\u2019s top technology stories<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#5 things you need to know from Congress\u2019s big tech antitrust report<br \/>\n<\/strong>&#8221;<\/p>\n<h3 class=\"article-sub-head\"><span class=\"ez-toc-section\" id=\"Big_tech_is_already_pushing_back\"><\/span>Big tech is already pushing back. <span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><\/p>\n<div class=\"article-content-wrapper\">\n<p>The House Judiciary Committee\u00a0published a mammoth <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/judiciary.house.gov\/uploadedfiles\/competition_in_digital_markets.pdf\">antitrust report<\/a> on Tuesday, criticizing big tech for what they view as wide-reaching monopoly power.<\/p>\n<p>The Democrat-supported report decries tech giants <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le, Amazon, Google, and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> as monopolies. The report follows a year-long probe of committee hearings and testimonies from company CEOs. <\/p>\n<p>It provides Congress with three main recommendations to monitor tech giants: prohibit preferential treatment across platforms, more requirements for acquisitions, and increased oversight over the companies.<\/p>\n<p>\u201cIn recent years, each company has expanded and exploited their power of the marketplace in anticompetitive ways,\u201d Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) and antitrust subcommittee head David Cicilline (D-R.I.) said in a <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/judiciary.house.gov\/news\/documentsingle.aspx?DocumentID=3429\">statement<\/a>. \u201cOur investigation leaves no doubt that there is a clear and compelling need for Congress and the antitrust enforcement agencies to take action.\u201d<\/p>\n<p>The report almost earned bipartisan support. Some Republican members said the report did not address discrimination against conservatives online. <\/p>\n<p>Rep. Ken Buck (R-Colo.) said it came down to the recommendations for him. <\/p>\n<p>\u201cI agree with about 330 pages of the majority report, that these tech companies have been acting anti-competitively,\u201d\u00a0Buck told\u00a0<a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.axios.com\/house-judiciary-antitrust-report-set-to-split-into-three-63fc2f0b-f21d-42fa-9ec1-ea3159ec02ad.html\">Axios<em>.<\/em><\/a>\u00a0\u201cIt\u2019s very common for Republicans and Democrats to agree on a problem and offer different solutions to solve a problem.\u201d<\/p>\n<p>Despite the politics surrounding the report, both sides said the power wielded by the tech companies cannot go unchecked for much longer. <\/p>\n<p>Here are five things you should know about the 449-page report.<\/p>\n<h4 id=\"h-tech-isn-t-what-it-once-was\"><span class=\"ez-toc-section\" id=\"Tech_isnt_what_it_once_was\"><\/span>Tech isn\u2019t what it once was<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The report was quick to note that the tech giants are no longer the start-ups they once were. Over the years, Google, Facebook, Apple, and Amazon amassed almost all of the shares in the industry\u2019s pie, the report says. <\/p>\n<p>In fact, the report likens the tech giants to \u201coil barons and railroad tycoons.\u201d <\/p>\n<p>\u201cTo 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,\u201d the report says. <\/p>\n<p>The House Judiciary Committee reports that the four companies control the entire playing field, which impacts other companies.  <\/p>\n<p>\u201cBy controlling access to markets, these giants can pick winners and losers throughout our economy,\u201d the report states. \u201cThey not only wield tremendous power, but they also abuse it by charging exorbitant fees, imposing oppressive contract terms, and extracting valuable data from the people and businesses that rely on them.\u201d<\/p>\n<p>The report says that the companies \u201cuses its gatekeeper position to maintain its market power.\u201d <\/p>\n<h4 id=\"h-laying-out-apple-amazon-google-facebook-monopoly-power\"><span class=\"ez-toc-section\" id=\"Laying_out_Apple_Amazon_Google_Facebook_%E2%80%98monopoly_power\"><\/span>Laying out Apple, Amazon, Google, Facebook \u2018monopoly power\u2019<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The report lays out a number of findings against the four major tech companies. <\/p>\n<p>According to the report: <\/p>\n<ul>\n<li>Facebook has \u201cmonopoly power in the market of social networking,\u201d and that power is \u201cfirmly entrenched and unlikely to be eroded by competitive pressure from new entrants or existing firms.\u201d <\/li>\n<li>Google\u2019s monopoly power is in the \u201cmarkets for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> online search and search advertising\u201d that is protected by \u201chigh entry barriers, including its click-and-query data and the extensive default positions that Google has obtained across most of the world\u2019s devices and browsers.\u201d <\/li>\n<li>Amazon\u2019s market share of the online retail market is \u201clikely understated\u201d and is potentially about 50 percent of the market.  The report argues that Amazon\u2019s \u201cmarket power is at its height in its dealings with third-party sellers\u201d that don\u2019t have a \u201cviable alternative\u201d other than Amazon for reaching users. <\/li>\n<li>Lastly, Apple\u2019s iOS mobile operating system allows it \u201cto control all software distribution\u201d to devices and \u201cexerts monopoly power in the mobile app store market\u201d by \u201ccontrolling access to more than 100 million iPhones and iPads in the U.S.\u201d  <\/li>\n<\/ul>\n<h4 id=\"h-restoring-competition-in-the-digital-market\"><span class=\"ez-toc-section\" id=\"%E2%80%98Restoring_competition_in_the_digital_market\"><\/span>\u2018Restoring competition in the digital market\u2019<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The report argues that antitrust laws are \u201cdesigned to protect not just consumers, but also workers, entrepreneurs, independent businesses, open markets, a fair economy, and democratic ideals.\u201d <\/p>\n<p>But it also notes that antitrust laws have been \u201csignificantly weakened\u201d since they were enacted, and the result is \u201can approach to antitrust that has significantly diverged from the laws Congress enacted.\u201d <\/p>\n<p>After a year of investigating the company\u2019s market behaviors, the committee concluded that tech giants have an unfair advantage over the smaller companies that use their platforms. <\/p>\n<p>The report wants Congress to \u201cprohibit dominant platforms from engaging in self preferencing, and requiring them to offer equal terms for equal products and services.\u201d<\/p>\n<p>Amazon, Apple, Facebook, and Google have access to data, structure and audience in a way that other business users do not, the report argues. That makes their products more profitable than the latter. <\/p>\n<p>\u201cBy functioning as critical intermediaries that are also integrated across lines of business, the dominant platforms face a core conflict of interest,\u201d the report states. \u201cThe surveillance data they collect through their intermediary role, meanwhile, lets them exploit that conflict with unrivaled precision.\u201d<\/p>\n<p>The antitrust report wants Congress to split the tech companies into separate entities in order to even the stakes. <\/p>\n<h4 id=\"h-recommendations-on-strengthening-antitrust-laws\"><span class=\"ez-toc-section\" id=\"Recommendations_on_strengthening_antitrust_laws\"><\/span>Recommendations on strengthening antitrust laws<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>On the same lines of decreasing the size of companies, the report recommends that Congress makes it harder for the monopolies to acquire other companies. <\/p>\n<p>\u201cUnder this change, any acquisition by a dominant platform would be presumed anticompetitive unless the merging parties could show that the transaction was necessary for serving the public interest,\u201d the report reads.<\/p>\n<p>Google owns YouTube, Facebook owns Instagram, and the list goes on and on. Apple has a running list of <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_mergers_and_acquisitions_by_Apple\">78 acquisitions<\/a>. The report notes that Amazon, Apple, Facebook, and Google have collectively acquired more than 500 companies. <\/p>\n<p>The report argues for strengthening of antitrust laws\u2014like Section 7 of the Clayton Act, which sets standards for company mergers. <\/p>\n<h4 id=\"h-big-tech-is-fighting-back\"><span class=\"ez-toc-section\" id=\"Big_tech_is_fighting_back\"><\/span>Big tech is fighting back<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>All of the major tech giants have pushed back hard against the report. <\/p>\n<p>Amazon called the report \u201cmisguided\u201d and \u201cregulatory spit-balling\u201d in a <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/blog.aboutamazon.com\/policy\/fringe-notions-for-regulating-retail-would-destroy-small-businesses-and-hurt-consumers\">blog post<\/a>, where they argued that the retail sector is competitive and that antitrust action would hurt small businesses. <\/p>\n<p>Meanwhile, Apple\u2014in a statement to <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.macrumors.com\/2020\/10\/06\/apple-disagrees-antitrust-report\/\">CNBC<\/a>\u2014said that the company \u201cvehemently\u201d disagreed with the report \u201cwith respect to Apple,\u201d and argued that it does \u201cnot have a dominant market share in any category where we do business.\u201d <\/p>\n<p>Google also defended itself in a <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.blog.google\/outreach-initiatives\/public-policy\/statement-democratic-and-republican-house-antitrust-subcommittee-reports\/\">blog post<\/a> responding to the report, saying that it disagreed with the findings and said it included \u201coutdated and inaccurate allegations from commercial rivals about Search and other services.\u201d  <\/p>\n<p>Facebook told <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2020\/10\/06\/house-antitrust-committee-facebook-monopoly-buys-kills-competitors.html\">CNBC<\/a> that it competes with a \u201cwide variety of services\u201d and brushed off concerns about acquiring companies, saying that \u201cacquisitions are part of every industry.\u201d <\/p>\n<hr class=\"wp-block-separator\">The report is just a mere list of recommendations backed by hearing, research, and sworn statements. <\/p>\n<p>If Congress takes up those actions, then it would be the strongest anti-monopoly restrictions laid upon the tech industry in history. <\/p>\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container\">\n<hr class=\"wp-block-separator\">\n<h3><span class=\"ez-toc-section\" id=\"This_weeks_top_technology_stories\"><\/span>This week\u2019s top technology stories<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td>In the 2020 election, killing Section 230 is the only bipartisan issue <\/td>\n<\/tr>\n<tr>\n<td>Trump blasted TikTok for collecting \u2018vast swaths\u2019 of data\u2014his 2020 app does the same thing <\/td>\n<\/tr>\n<tr>\n<td>Will a Biden-Harris administration break up big tech?<\/td>\n<\/tr>\n<tr>\n<td>Right-wing militias have adopted QAnon with frightening ease <\/td>\n<\/tr>\n<tr>\n<td>6 signs it\u2019s time to get a new phone (Sponsored)<\/td>\n<\/tr>\n<tr>\n<td><a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/dailydot.us18.list-manage.com\/subscribe\/post?u=557794e049a42cb8dcdf4eacc&amp;id=14207741b3\"><em>Sign up<\/em><\/a><em>\u00a0to receive the best of the internet straight to your inbox.<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"dd-article-leadart-image-credit\">\n<p>                                                                                                <span class=\"dd-article-leadart-image-credit-segment\"><br \/>\n                                        <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-photo\/caldwell-idahousa-march-16-2015-game-678287740\">txking \/ Shutterstock.com<\/a><br \/>\n                                    <\/span><\/p>\n<p>                                                            <span class=\"dd-article-leadart-image-credit-segment\">(Licensed)<\/span><\/p><\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener noreferrer\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.dailydot.com\/debug\/big-tech-antitrust-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#5 things you need to know from Congress\u2019s big tech antitrust report &#8221; Big tech is already pushing back. The House Judiciary Committee\u00a0published a mammoth antitrust report on Tuesday, criticizing big tech for what they view as wide-reaching monopoly power. The Democrat-supported report decries tech giants Apple, Amazon, Google, and Facebook as monopolies. The report&#8230;<\/p>\n","protected":false},"author":1,"featured_media":83709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.dailydot.com\/wp-content\/uploads\/2020\/10\/Big-Tech-Anti-Trust-Report-Congress-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-83708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/83708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=83708"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/83708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/83709"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=83708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=83708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=83708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}