Democrats, anti-monopolists eager to share Facebook, Apple, Amazon and Google on Castilha Blinkova | 07.10.2020
The U.S. wants tighter control of large it companies and even in the future to share them in order to combat monopolies. This is stated in the report “Investigation of Competition in Digital Markets”,
prepared by the Antimonopoly Committee of the Democratic party. Came under attack by four companies: Google, Facebook, Apple and Amazon. It is alleged that each of the companies creates a “bottleneck”,
controlling access to the market, in particular, products for social networking (Facebook), appearance in search results (Google) contact list application based on iOS (Apple) and access to goods for
consumers (Amazon).
Democrats believe that the structures governing these bottlenecks should be identified as a separate company and to gain independence in order to separate the “wheat from the chaff”, or the expression
American politicians of democratic orientation, “the winners from the losers.”
It is noted that the new digital giants have built monopolies like those that were in the US during the oil economy and the rise of the Railways.
Democrats urged to create new law like the glass — Steagall act (Glass-Steagall Law) that was enacted in 1933 and prohibited commercial banks to engage in investment activity,
dividing financial institutions into commercial banks and investment funds. Now it is proposed to prohibit to own the platforms and at the same time promote their products.
antitrust regulation
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