
The justice department called Google “a monopoly gatekeeper for the internet” and alleged that the company, owned by Alphabet, had used a “web of exclusionary” deals to stymie competitors in the search business.
Last week’s report from the House antitrust subcommittee into Amazon, Apple, Google and Facebook alleges that the tech giants wield monopoly or substantial power, and have abused it. Each it claims serves as a gatekeeper over a particular distribution channel, they can “pick winners and losers” throughout the economy. They can charge excessive fees, impose onerous contract terms, and hoard data. The big four are the “kinds of monopolies we last saw in the era of oil barons and railroad tycoons”.
Section 230 of the Communications Decency Act is a piece of Internet legislation in the United States, passed into law providing immunity for website publishers from third-party content. Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg plan to warn the Senate that stripping back Section 230 could harm free speech on the internet, according to testimonies they prepared for a Senate hearing on Wednesday, which will focus on the protections.
In this weeks video we will discuss anti trust law, how it works and if the big tech firms Google, Apple Amazon Twitter and Facebook might be broken up?
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