@daily
The Daily Swell
@daily · 2:22

Breaking News: Eddie Van Halen dies at 65 and Big Tech is in Big Trouble

article image placeholderHouse Lawmakers Condemn Big Tech’s ‘Monopoly Power’
The lawmakers said the companies had abused their dominant positions, setting and often dictating prices and rules for commerce, search, advertising, social networking and publishing. To amend the inequities, the lawmakers recommended restoring competition by restructuring many of the companies, embolding the agencies that police market concentration and throwing up hurdles for the companies to acquire startups. This is currently a developing story and will continue to be updated. But I wanted to mention it here because it's pretty big news after the antitrust hearings that happened this July

Share your thoughts! https://www.nytimes.com/2020/10/06/technology/congress-big-tech-monopoly-power.html

@DBPardes
Deborah Pardes
@DBPardes · 2:43

Knock m all down

That was predictable, and we celebrated him for that. And we loved him for that. And juxtaposed with this whole idea of breaking up these huge monolithic enterprises. I believe so much in the wisdom of an individual over the wisdom of a company. Let's just put it that way. And the people who are leading most of these companies are as bad as it gets in terms of just blindly looking for the power and the reforms we need have to go across the board, though
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@daily
The Daily Swell
@daily · 2:26
Curiosity, I guess, around if there are more restrictions in place for how easily some of these larger corporations can just kind of eat up smaller companies that potentially pose a threat, if that will ultimately be better for communities and also various workspaces. So those are just some additional questions I had, and I really appreciated what you added to the conversation. So thank you
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