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On twitter or facebook. Lets start with yesterdays hearing. Chairman of the house judiciary antitrust subcommittee kicking off this hearing in the opening remarks saying that he believes these Companies Need to be reined in. The practices have armful economic effects. They discourage entrepreneurship, destroy jobs, and degraded quality. Simply put, they have too much power. This power staves off new forms of competition, creativity, and innovation. While these firms produce individual products, the dominance is killing Small Businesses, manufacturing, and dynamism that our engines of the american economy. Several firms harvest and abuse peoples data to sell ads from everything to new books and dangerous miracle cures. They cant run away fast enough. There is no escape from the surveillance because there is no alternative. People are stuck with bad options. Open markets are pr ....
Tech hearing. We learned this morning that the antitrust subcommittee will put a report out in august about what to do next. What do you think that report will say . Guest well, greta, thank you for having me. Look, this was the first hearing that we have had about the profound antitrust issues that have emerged in the new tech age. In the 19th century, america with and today we have cyber barons, and these are the lords and titans of big tech who have every bit as much power as John D Rockefeller and the vanderbilts and the people who control the new industrial economy of the new postindustrial hightech company is being controlled by huge conglomerates that are fantastically wealthy and powerful, and they have done some remarkable things. Good this is to bring begrudge the achievements of individuals who were there yesterday. But we have to look at what this does to Small Bu ....
This meeting is about 90 minutes. We are joined by several members of our committee. Guests will share their perspectives. I hope everyone is staying safe and healthy during these challenging times. I appreciate that so many members who have gathered today for this discussion. I am pleased the public will have an opportunity to listen. A lot of important work has been done responding to the covid crisis. This roundtable discussion follows a virtual roundtable held last week about ices covid19 in detention facilities. I want to thank our guests for taking the time to participate. Think everyone in advance for bearing with technological glitches. I will turn it over to the subcommittee chair. Thank you, mr. Nadler. I want to provide a few guidelines that i think will help this roundtable go smoothly. First, i asked that everyone mute their microphones unless it is your turn to talk. This will minimize interruptions or strain noise. Im going to have my feet on during my video feed on, but ....
Where democrats on the House Judiciary Committee look at the Trump Administrations response to the Coronavirus Spread in u. S. Prisons and jails. This will minimize any interruptions or noise. Im want do have my video feed on during the entire roundtable, but if you prefer to participate through just audio or if you would like to be visible only when it is your time to speak, you are welcome to turn off your camera at any time. I want to briefly explain how this will work. I will make a few opening comments, then chairman nadler will make a few comments. Our guests will follow with brief opening remarks, then the members will have opportunities to ask questions. This will allow for an informal giveandtake between members and our guests in contrast with the more rigid rules that apply during a formal ....
Public will have an opportunity to listen to our conversation. A lot of important work over the last few weeks responding to the covid19 crisis. This follows in the virtual roundtable held last week, ices response at the detention facility. Taking time to participate in this roundtable, i think everyone in advance for what we have. I will turn it over to the subcommittee chair. Thank you. At the outset i want to provide a few guidelines that will help this roundtable goes smoothly. I ask that everyone use their microphones unless it is your turn to talk. This will minimize any interruptions or stray noise. I will have my video feed on the entire roundtable. If you prefer to participate in this roundtable or just audio or if you would like to be visible only when it is your time to speak you are welcome to turn off your camera at any time. I want to explain how the roundtable will work and make a few opening comments and chairman nadler will make the opening comments. We follow brief op ....