After hours of grilling top tech executives in a historic antitrust hearing on Wednesday, US lawmakers suggested unprecedented antitrust enforcement might be on the horizon.
In his closing remarks, Representative David Cicilline, a Rhode Island Democrat, said evidence put forward in the investigations and testimony showed just how entrenched the tech companies were in the US economy and day-to-day life.
“These companies, as they exist today, have monopoly power,” said Cicilline, chair of the House judiciary committee’s antitrust subcommittee. “Some need to be broken up, all need to be properly regulated and held accountable. This must end.”
Content retrieved from: https://www.theguardian.com/technology/2020/jul/29/congress-tech-hearing-mark-zuckerberg-jeff-bezos.