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Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Of facebook, amazon and apple. Then monday the house of Representatives Judiciary Committee announced a sweeping review of possible monopoly powers. Ways most of striking about these actions is they demonstrate a rare thing in america today. Broad partisan agreement on an issue of pressing national importance. The democrats are eager to have action, too. Monday nancy pelosi, the House Speaker tweeted, unwarranted concentrated economic power in the hand of a few of is dangerous to democracy, especially when digital platforms control content. The era of selfregulation is over. Not since the days of the trustbusters of the early 20th century have Big Companies faced such scrutiny. Anyone who has a smart phone or computer probably uses google, facebook, amazon and others multiple times a day from searching for a good restaurant to searching for cat food. Do they abuse the power that they have . What about the control they have over huge quantities of data about our lives . And above all, w

Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Then monday the house of Representatives Judiciary Committee announced a sweeping review of possible monopoly powers. Ways most of striking about these actions is they demonstrate a rare thing in america today. Broad partisan agreement on an issue of pressing national importance. The democrats are eager to have action, too. Monday nancy pelosi, the House Speaker tweeted, unwarranted concentrated economic power in the hand of a few of is dangerous to democracy, especially when digital platforms control content. The era of selfregulation is over. Not since the days of the trustbusters of the early 20th century have Big Companies faced such scrutiny. Anyone who has a smart phone or computer probably uses google, facebook, amazon and others multiple times a day from searching for a good restaurant to searching for cat food. Do they abuse the power that they have . What about the control they have over huge quantities of data about our lives . And above all, what needs to be done . Im joine

Transcripts For FBC WSJ At Large With Gerry Baker 20240714

Of facebook, amazon and apple. Then monday the house of Representatives Judiciary Committee announced a sweeping review of possible monopoly powers. Ways most of striking about these actions is they demonstrate a rare thing in america today. Broad partisan agreement on an issue of pressing national importance. The democrats are eager to have action, too. Monday nancy pelosi, the House Speaker tweeted, unwarranted concentrated economic power in the hand of a few of is dangerous to democracy, especially when digital platforms control content. The era of selfregulation is over. Not since the days of the trustbusters of the early 20th century have Big Companies faced such scrutiny. Anyone who has a smart phone or computer probably uses google, facebook, amazon and others multiple times a day from searching for a good restaurant to searching for cat food. Do they abuse the power that they have . What about the control they have over huge quantities of data about our lives . And above all, w

Transcripts For CSPAN3 House Judiciary Hearing On Impact Of Digital Media On News Industry - Part 20240714

The chair is authorized to declare recesses of the committee at any time. We welcome everyone to our first hearing on Online Platforms and market power, focusing on the free and Diverse Press. I now recognize myself for an Opening Statement. In recent years, there has been a cascade of competition problems on the internet. Concentration in the Digital Marketing has pushed for journalism to the verge of extension. The acquisitions, growing innovation kills him, and high Network Effects and switching costs, appear to undermine entrepreneurship and startup rates. The sheer dominance of some platforms has resulted in the worst products, significantly less choice, leaving people without a competitive alternative to services that harvest the data, manipulative behavior to monetize her attention. Response to these trends, the committee will commit conduct a bipartisan the purpose of this investigation is to document anticompetitive combat conduct online. Examine and and assess whether the com

Transcripts For CSPAN3 House Judiciary Hearing On Impact Of Digital Media On News Industry - Part 20240714

The chair is authorized to declare recesses of the committee at any time. We welcome everyone to our first hearing on Online Platforms and market power, focusing on the free and Diverse Press. I now recognize myself for an Opening Statement. In recent years, there has been a cascade of competition problems on the internet. Concentration in the Digital Marketing has pushed for journalism to the verge of extension. The acquisitions, growing innovation kills him, and high Network Effects and switching costs, appear to undermine entrepreneurship and startup rates. The sheer dominance of some platforms has resulted in the worst products, significantly less choice, leaving people without a competitive alternative to services that harvest the data, manipulative behavior to monetize her attention. Response to these trends, the committee will commit conduct a bipartisan the purpose of this investigation is to document anticompetitive combat conduct online. Examine and and assess whether the com

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