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January 23, 2020 08:16 pm

Tech companies are too big, and weve allowed them to exercise monopoly power, says House Antitrust chairman David Cicilline


Rep. David Cicilline

Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images

Last week, the House Antitrust Subcommittee held a unique hearing where executives from Sonos, Tile, Basecamp, and PopSockets laid out the challenges of working and competing with big tech companies like Apple, Google, and Amazon. It felt like a turning point in the conversation about big tech platforms and the power they have over competition, something PopSockets CEO David Barnett called “bullying with a smile.”


“Help us Congress, you’re our only hope,” said Basecamp’s David Heinemeier-Hansson. It was like that.


But the hearing was just one part of a lengthy Antitrust Subcommittee investigation into the competitiveness of digital markets led by Chairman David Cicilline (D-RI) that’s been going on for some time — a bipartisan...



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Original Link: https://www.theverge.com/2020/1/23/21078903/podcast-house-antitrust-chairman-cicilline-tech-monopoly-vergecast

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