"Open markets are predicated on the idea that if a company harms people, consumers, workers, and business partners will choose another option. "As American families shift more of their work, shopping, and communication online, these giants stand to profit. "It has been an honor to work alongside my colleague, Congressman Jim Sensenbrenner, the Subcommittee’s Ranking Member, as well as the former Ranking Member of the Full Committee, Congressman Doug Collins. "Apple is a dominant provider of smartphones, with more than 100 million iPhone users in the United States alone. "As part of this investigation, we have held five hearings to examine the effects of online market power on innovation and entrepreneurship; data privacy; a free and diverse press; and independent businesses in the online marketplace. "Since then, we have received millions of pages of evidence from these firms, as well as documents and submissions from more than 100 market participants. "Because concentrated economic power also leads to concentrated political power, this investigation also goes to the heart of whether we, as a people, govern ourselves, or whether we let ourselves be governed by private monopolies.
Despite a litany of privacy scandals and record-breaking fines, Facebook continues to enjoy booming profits—$18 billion last year alone. ""We have held 17 briefings and roundtables with over 35 experts and stakeholders in support of our work. When David Cicilline was approached at the beginning of the last Congress about becoming the ranking member of the antitrust subcommittee 1 of … "This power staves off new forms of competition, creativity, and innovation. WASHINGTON – U.S. We also conducted hundreds of hours of interviews.Please sign up for updates from our committee"Third, these platforms abuse their control over current technologies to extend their power. "When the American people confronted monopolists in the past—be it the railroads and oil tycoons or AT&T and Microsoft—we took action to ensure no private corporation controls our economy or our democracy. In addition to hardware, Apple sells services and apps, including financial services, media, and games. They can charge exorbitant fees, impose oppressive contracts, and extract valuable data from the people and businesses that rely on them. “That’s not a suspicion. That’s not a hunch. "Several of these firms also harvest and abuse people’s data to sell ads for everything from new books to dangerous 'miracle' cures.
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David Cicilline antitrust