In heated hearing, lawmakers allege tech industry 'emperors' hold too much power

Google came under fire for limiting other websites’ traffic, Facebook faced questions about its purchase of Instagram and Amazon was accused of raising diaper prices as lawmakers on Wednesday opened a rare congressional hearing into whether tech executives have harmed the economy by operating monopolies.

Cicilline focused his initial questions on Google, alleging that the search engine company had evolved over the years “from a turnstile for the rest of the web to a walled garden,” keeping users on Google’s own pages rather than sending them elsewhere. Rep. Jerry Nadler, D-N.Y., raised questions about Facebook’s 2012 purchase of Instagram. He quoted fromin which Facebook CEO Mark Zuckerberg worried that startups including Instagram could be “very disruptive.”

Source: News Formal (newsformal.com)

Lol congress is jealous

They believe the shit! They believe the shit!

each of these companies should've been broken up years ago they're only going to get bigger and more powerful in their ability to crush competitors to the point we'll all buy our goods and svcs from just these companies Trustbusting

Allege ? 🤣 fake news. !

I agree with the lawmakers completely on that. Bill Gates face should be there instead of Bezos because Bezos is dead.

Well, they do. But nothing of much substance will be done about it.

Right, they should stop resetting the VCR clocks to blink 12:00. It's unbearable.

I love it when liberals eat their own. These company heads get to see exactly how liberal politicians feel about capitalism. Of course, they'll still continue to give the DNC money so they can go to the big parties and not be persecuted.

I love it when the mooks call these guys Marxist.

They talk about democracy and free enterprise, unless you get to big and the old boys don't like it then they change the rules. realDonaldTrump's america.

Covidonomics; the winners take all.

No one man should have all that power The clock's tickin', I just count the hours Stop trippin' I'm trippin' off the power 'Til then, fuck that, the world's ours

Yet Republicans found ways to humiliate themselves

most reps especially republicans dint know the difference between facebook and twitter pathetic

Conservatives demand less regulation of business... unless it's tech companies that make them cry.

Agreed.

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