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The Silicon Valley tech giants Amazon, Apple, Facebook and Google are finding themselves the target of antitrust probes by the Trump administration and the Democrats, in what appears to be a power struggle before the 2020 elections.
Although the committee did not name any companies, President Jerrold Nadler (New York) spoke of "A handful of doormen" who took control "On the main arteries of online commerce, content and communications."
House Republicans, who generally disagree with Nadler for his investigations of President Donald Trump, seem to have embraced the probe with enthusiasm.
Simple rumors that a Justice Department investigation into Google's parent company, Alphabet Inc., and the Federal Trade Commission (FTC) investigation on Amazon and Facebook would have caused a massive tumble in major technology stocks Monday, with billions of dollars of stock market valuation erased in minutes.
Alphabet shares fell by more than 6%, Facebook by 7.5% and Amazon by 4.6% at market close. Apple stocks also lost 1% against rumors of an antitrust investigation, even as the company was hit by shock because of the announcement of new products.
Conservative journalists and commentators have quickly pointed out that antitrust investigations were probably linked to persistent censorship on social media platforms, although no direct evidence proves it.
Only one @realDonaldTrump could bring the Big Tech Cartel to the heel. No other Republican and certainly no Democrat.
That's what many of us have seen in him. And why so many people are disturbed about it.– Ron Bassilian (D) (@ Ron4California) June 3, 2019
PAUSE
The
UP??
– Jack Posobiec (@JackPosobiec) June 3, 2019
The tech giants of Silicon Valley claimed that they had every right to control their platforms for "Hate Speech" and other "unacceptable" content, whose definition continues to grow day by day.
Democrats pressured Big Tech to be more censored – under the guise of uprooting "robots and Russian trolls" – after the 2016 elections, when Trump used Twitter and Facebook to bypass mainstream media coverage and extremely negative and win the presidency. However, he then drew the wrath of the Republicans, who argued that the suspensions and bans had disproportionately targeted conservative voices.
More recently, Facebook has banned any mention of Alex Jones or Infowars on its platforms, including Instagram, unless the messages are critical or hostile. The company has also threatened to ban anyone sharing Infoway content. Several other conservatives were removed during the same purge and it was reported that even pictures and mentions of them would be deleted later.
Facebook maintained that the ban was part of an ongoing campaign against "Individuals or organizations that encourage or engage in violence and hatred, regardless of their ideology"
For some Democrats who are running for the 2020 presidential nomination, breaking up advanced technologies has become a fashionable rallying cry as they try to recruit people unhappy with the monopoly of the government. online expression. Elizabeth Warren (D-Mass.) Has been up to now the most aggressive in her offensive against tech giants, launching a social media campaign to break Facebook, Google, Amazon and Apple. Bernie Sanders (I-VT), the last senator last month, said that he would like "of course" support the proposal to dissolve Facebook. Representative Tulsi Gabbard (D-HI) sided with Warren, while a number of other Democrats, including presidential race champion Joe Biden and Senator Kamala Harris (D-Calif.) Said that this idea deserved serious consideration.
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