Tech companies are ‘too big, and we’ve 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…

Continue reading…

via The Verge – All Posts

Check out the Finding Your Identity Podcast!