Donald Trump Concerned About Google and Facebook Digital Monopoly

13 Juin, 2019, 00:37 | Auteur: Auguste Feret
  • Congressman Vows to Pursue Regulation of Big Tech With Open MindMore

In March, Google was slapped with a $1.7 billion fine, which it's appealing, from the European Commission for stifling competition in online advertising.

It follows widespread reports last week that the Federal Trade Commission and Department of Justice have carved up oversight of the tech firms.

"There is something going on in terms of monopoly", Trump said on Monday morning. While he suggests that tech giants are a monopoly, he describes them as "great companies".

When David Cicilline was asked to take control of the House of Representatives subcommittee on antitrust, or competition law, he knew as much about big tech monopolies as the average politician, which is to say: very little.

"Well I can tell you they discriminate against me", Trump said.

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Amazon, which spent $14.4 million on lobbying previous year, and Facebook, which doled out $12.6 million, are also among the top 20 US corporate spenders. "They get all this money", he said of the EU. "The real collusion is between the Democrats and these companies, cause they were so against me during my election run, everybody said if you don't have them, you can't win", Trump said.

Trump indicated, however, that the USA may take a different tact to the EU.

Pointing to Attorney General William Barr, Trump said the United States will not file similar anti-trust lawsuits against the companies.

"We're gonna look at it differently", he said of USA authorities. "We have a great attorney general - we're going to look at it differently". "Well I won, and I'll win again because we're doing well and we're not the fools anymore". Trump also talked about Huawei and 5G. There is also political appetite on the left for antitrust proceedings, with the Democratic presidential candidate Elizabeth Warren notably calling for a breakup of Silicon Valley's biggest companies. The company expects to be fined up to Dollars 5 billion from an FTC investigation that began after last year's Cambridge Analytica scandal, probing whether Facebook violated a 2011 agreement it made with the agency that required getting explicit consent to share user data, the report said.

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