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BREAKING: DOJ opens an antitrust probe into social media companies
Posted on 7/23/19 at 5:01 pm
Posted on 7/23/19 at 5:01 pm
16
Posted on 7/23/19 at 5:02 pm to stout
https://www.cnbc.com/2019/07/23/doj-reportedly-to-open-broad-antitrust-review-of-big-tech-tech-stocks-dip.html
quote:
DOJ announces broad antitrust review of Big Tech, pushing down shares of Alphabet, Facebook and Amazon
PUBLISHED AN HOUR AGOUPDATED 9 MIN AGO
Jennifer Elias
quote:
KEY POINTS
The DOJ is launching a broad examination into big tech companies over fresh anti-competitive concerns. It’s the strongest move toward the tech industry by Attorney General William Barr, whose growing interest in the sector could deepen regulatory pressure. Shares of Amazon, Facebook and Alphabet fell
quote:
While the DOJ didn’t disclose specific company names, it’s launching the review based on “new Washington threats” from Facebook, Google, Amazon and Apple, according to a report by the Wall Street Journal. The agency will examine practices of online platforms that dominate internet search, social media and retail services, the DOJ said in a statement Tuesday.
quote:
The move is the strongest by Attorney General William Barr towards Big Tech, which faces increased scrutiny from both political parties because of the expanded market power the companies have and the tremendous amount of consumer data they control. President Trump, a regular critic of Amazon and CEO Jeff Bezos, has claimed that Facebook is biased against conservatives and recently agreed with an assessment by tech investor Peter Thiel that perhaps Google should be investigated for not working with the U.S. government on a cloud project.
Posted on 7/23/19 at 5:03 pm to stout
Posted on 7/23/19 at 5:03 pm to stout
Need to start with Google and Facebook!
Posted on 7/23/19 at 5:03 pm to stout
Bout time! These companies are already using their power to influence 2020.
Posted on 7/23/19 at 5:05 pm to ThinePreparedAni
quote:
ThinePreparedAni
Thanks for the link
Posted on 7/23/19 at 5:05 pm to ThinePreparedAni
Dey done fricked with the wrong President.
Posted on 7/23/19 at 5:05 pm to Seldom Seen
quote:
Bout time! These companies are already using their power to influence 2020.
Of course? Freedom of speech anyone?
Posted on 7/23/19 at 5:06 pm to stout
LOL
Mueller is still going to testify tmoro?
Mueller is still going to testify tmoro?
Posted on 7/23/19 at 5:06 pm to stout
Muh platform!
I no publish!
I no publish!
Posted on 7/23/19 at 5:07 pm to ThinePreparedAni
Yeah, even though I am a little leery of the government getting involved it's become obvious something needs to be done because they have gotten out of hand with their bias. They are pretty much publishers now so they need to be subject to some regulation.
Posted on 7/23/19 at 5:07 pm to LSUconvert
quote:
Freedom of speech anyone?
Precisely why they’re being investigated. They only limit speech they don’t like.
Posted on 7/23/19 at 5:09 pm to Kickadawgitfeelsgood
quote:
Mueller is still going to testify tmoro?
Keep the faith Kickaprog, you’ve got him now.
Posted on 7/23/19 at 5:09 pm to PsychTiger
Are they Government run?
This post was edited on 7/23/19 at 5:10 pm
Posted on 7/23/19 at 5:10 pm to stout
This is pointless if it doesn't also target Google.
Posted on 7/23/19 at 5:11 pm to LSUconvert
quote:
Of course? Freedom of speech anyone?
Absolutely.
So long as you don’t monopolize and control most avenues of speech, allowing what you deem to be free speech and censuring what you deem not to be free speech.
Are Google and Facebook like Standard Oil or Bell Telephone in their reach over the market? Or are they not?
This post was edited on 7/23/19 at 5:12 pm
Posted on 7/23/19 at 5:12 pm to SammyTiger
quote:
Are they Government run?
No but they receive liability from the govt saying that what their users publish can't land them in jail or get them into trouble. So in order to receive this benefit they should be a neutral forum only regulating actual violence and threats not some conservative that doesn't want to shave a females balls.
frick these piece of shite companies
Posted on 7/23/19 at 5:13 pm to LuckyTiger
How do you break up a social media company like a telephone company?
Isn’t the whole nature of social media that everyone is in one space?
Isn’t the whole nature of social media that everyone is in one space?
Posted on 7/23/19 at 5:13 pm to Kickadawgitfeelsgood
quote:
Mueller is still going to testify tmoro?
Won't matter. Trump will still be president afterwards.
Posted on 7/23/19 at 5:17 pm to stout
It's about time...
This post was edited on 7/23/19 at 5:21 pm
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