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A common refrain we hear from Tech Companies is, during the course of the investigation, but also on my own, since i have minute them in my district is that they cant be violating Anti Trust Laws and the primary argument is that many of their products are cheap or free, and therefore they are inherently benefiting. We have talked about this, to me the big question is its free really free . Consumers are paying for the product that they use, paying ended up, paying in privacy that they give up and often dont know they are giving up. The big Tech Companies and use that data to build these massive empires of information about consumers that give them spectacular advantage over newcomer businesses, allowing the companies to scrutinize every aspect of peoples lives, create and sell products that have the best chance of being ....
One on the role of data and prime fancy into competition. I recognize myself, i should state the obvious im, not bitter of the subcommittee, and chairs the subcommittee, the chair of the committee will be here in a few minutes. It has never been easier to share news and information that content and communicate with loved ones, all at a moments notice. Given the technological recognitions it, has added to the balance of power in our economy. Its important for us to understand how this affects americans, what is causing the asymmetries of power and whether these new and growing inequalities are compatible with our democratic values. The committees ongoing is a key part of this practice. Todays hearing, we will examine the role that data plays and maintaining any qualities of power, and how this affects competition. As previous hearings have shown, the growing share of Congress Communications is now controlled by a small num ....
Test dr. Valletti, you mention the acquisitions and the history of acquisitions. As of 2018 facebook had made 67 unchallenged acquisitions. Amazon had made 97 unchallenged acquisitions. And google had made 214, mostly unchallenged acquisitions. And you proceeded over the ec, eu investigation of google, amazon, and facebook. Two questions. What kind of access do these questions have to consumers as a result of those acquisitions . Then you talked about the thresholds being one of the potential problems for why investigations arent opened. Do the thresholds of investigation need to change if we are to challenge some of these acquisitions . Thank you very much for the question, congresswoman. Do the thresholds have to change . Im very pragmatic. To the extent people have powers to look into it, fine by me. Im even in favor of changing very strategic platforms with such a big market power, i would wonder instead of asking the authorities to prove there is anticompetitive, then they could r ....
Mobile video apps or online, cspan. Org. Next, aboutarp of governors discussing solutions on availability challenges. Ensuring workers in the communities they serve. From the National Governors association in washington dc, this is about an hour. [silence] [silence] [le please welcome nga vice ■7■6 chair, colorado governor jared polis. Thank you. Welcome, everybody, to our third, final, and in many ways nearest to our hearts and most important number one issue int got to be number one or number 2, at best, the high cost of housing. It is a challenge people face. There is a national dimension, not under our control, at the national level. What we can do to re t when governors get to gather no matter what the topic, we end up talking about housing get. Housing is our roman empire. Doesnt mean we talk about it several times a day. At this time we wanted to dedicate a time to talk in this state, a top issue. Our states do such ....
There are also oupieces directly under our purview about what we can do to reduce the cost of housing in our state in fact its so much on our minds that when governors get together no matter what the scheduled topic is it seems like we end up talking about housing. It is a roman empire. As i travel around the state it is a top issue. Our states, we do such a great job making sure they are a great place to live and when we successful it almost makes it hard to afford to live so we all know the stories in our states, parents who is 27yearold still lives in the basement with no prospects of moving out, those who want to take a good job but would have to commute an hour each way, people who are the backbone of our community, law enforcement, to afford to live in the cities they serve businesses that cannot recruit the tower they need to power their growth. We are focused on making progress in colorado last year i signed a bill that banned growth caps in several municipalities. We are movin ....