To help the news business, subject Big Tech to antitrust -- but don't forget Big News's antitrust problem

The University of Chicago Business School's Promarket blog has run a transcript of former antitrust enforcer Sally Hubbard's June 11 testimony before the House Judiciary Committee on June 11, 2019, where Hubbard discusses the ways that the monopolized and concentrated tech sector have eroded the margins of the news business, creating a "decline of American journalism." Read the rest

Competition can fix Big Tech, but only if we don't make "bigness" a legal requirement

I'm all for making Big Tech small again and fixing the internet so that it's not just five giant websites filled with screenshots from the other four, not to mention doing something about market dominance, corporate bullying, rampant privacy invasions and so on. Read the rest

Why is there so much antitrust energy for Big Tech but not for Big Telco?

I'm 100% down for the trend toward trustbusting, and I'm very glad to see it applied to Big Tech, because, like Tom Eastman, I'm old enough to remember when the Internet wasn't a group of five websites, each consisting of screenshots of text from the other four. I'd like to have that Internet again. Read the rest

Rumor: DoJ is going to investigate Google for antitrust violations

According to a widely reported rumor -- first published by the WSJ -- the DoJ is preparing to launch an antitrust probe of Google, though it's not clear on what basis such a probe would proceed. Read the rest

Nobel-winning economist Joe Stiglitz calls neoliberalism "a failed ideology" and sketches out a "progressive capitalism" to replace it

Joe Stiglitz (previously) holds a Nobel Prize in Economics (not an actual Nobel Prize), and has been an outspoken critic of the rigged economy and austerity. Read the rest

Big Tech: "If the USA enforces antitrust laws against us, it means China will win!"

Mark Zuckerberg offered to let Chinese premier Xi Jinping name his firstborn (seriously), Apple purged the Chinese App Store of privacy tools at the request of the politburo; Google secretly built a censoring search-engine for use in China, but America's Big Tech companies are sounding the alarm that they will no longer be able to promote America's global dominance if any of the US Big Tech breakup plans are executed. Read the rest

Los Angeles! Come see me at Exposition Park library tonight talking about Big Tech, monopolies, mind control and the right of technological self-determination

From 6PM-730PM tonight (Thursday, May 23), I'm presenting at the Exposition Park Library (Dr. Mary McLeod Bethune Regional Library, 3900 S Western Ave, Los Angeles, CA 90062) on the problems of Big Tech and how the problems of monopolization (in tech and every other industry) is supercharged by the commercial surveillance industry -- and what we can do about it. It's part of the LA Public Library's "Book to Action" program and it's free to attend -- I hope to see you there! Read the rest

Americans believe that they should own the mountains of data produced by their cars, but they don't

Your car is basically a smartphone with wheels, and it gathers up to 25gb/hour worth of data on you and your driving habits -- everything from where you're going to how much you weigh. Cars gather your financial data, data on the number of kids in the back seat, and, once they're connected to your phone, data on who you call and text. Read the rest

Europe's top trustbuster thinks it'll be impossible to break up Facebook

Margrethe Vestager (previously) is the EU Commissioner responsible for handing out billions in fines to Big Tech to punish them for monopolistic practices. Read the rest

Watch: Tim Wu debates trustbusting with Tyler Cowen, who just wrote "a love letter" to Big Business

Competition scholar Tim Wu (previously) is one of the most cogent, accessible voices in the antitrust debate; his recent book on the subject is a must-read; this week, he debated George Mason University scholar Tyler Cowen, proprietor of Marginal Revolution and one of the leading voices for the expansion of unfettered, unregulated capitalism -- he's the face of the notorious Mercatus Center, where rich donors choose the faculty and out pop arguments against universal health care and Net Neutrality. Read the rest

Supreme Court greenlights Apple customers' lawsuit over App Store price-fixing

The Supreme Court has ruled on a key question in Apple Inc v Pepper, a class action suit arguing that the App Store violated antitrust law by driving up prices through the monopolistic tactic of prohibiting users from buying apps from third parties, and then taking a 30% commission on every app sold, which led software companies to raise prices in order to remain profitable after Apple had taken its cut. Read the rest

Co-founder of Facebook calls for breakup of Facebook

Chris Hughes co-founded Facebook with Mark Zukerberg, and describes Zuckerberg in warm terms as a friend, but in a long op-ed for the New York Times, Hughes calls for the breakup of Facebook and identifies Zuckerberg's shortsighted prioritization of "clicks" instead of "security and civility" for the platform's toxicity, blaming the company's unusual share structure (which gives Zuckerberg an absolute veto over all matters of company policy despite holding a minority of its shares) for a situation in which Zuckerberg is surrounded by yes-men who never check his worst impulses. Read the rest

Charter's new way to be terrible: no more prorated cancellations

Charter isn't America's most hated company, but that's only because Comcast is so next-level terrible that they distort the leaderboard; nevertheless, Charter tries hard! Whether it's slashing billions from network outlays while raising prices way ahead of inflation or lying so egregiously that they get kicked out of New York State, Charter is relentless in its pursuit of ways to be a shitty, shitty company. Read the rest

"Steering With the Windshield Wipers": why nothing we're doing to fix Big Tech is working

My latest Locus column is "Steering with the Windshield Wipers," and it ties together the growth of Big Tech with the dismantling of antitrust law (which came about thanks to Robert Bork's bizarre alternate history of antitrust, a theory so ridiculous that it never would have gained traction except that it promised to make rich people a lot richer). Read the rest

Bernie Sanders announces a farmers' right-to-repair and antitrust proposal similar to Elizabeth Warren's

Bernie Sanders' latest campaign plank is a suite of agricultural reforms similar to the ones proposed by Elizabeth Warren in March, including a national right-to-repair law for agricultural equipment, antitrust breakups of agribusiness seed, meatpacking and fertilizer monopolies, patent law reform to curb abuses of seed patents, reform of US trade agreements to support "domestic food security", rationalized supply management and a grain and feed reserve, national disaster coverage, relief for family farm bankruptcies, pro-diversity policies for 4H and other agricultural pipelines, incentives for regional co-ops, and a suite of climate change remediation measures. Read the rest

AOC endorses Elizabeth Warren's Big Tech breakup plan

Elizabeth Warren wants to break up Big Tech, a thoroughly excellent idea with many devils in the details: AOC backs her play: "Facebook as a basic communications platform while also selling ads and also being a surveillance platform. Those functions should be broken up, but how that gets levied and how that gets approached is what we need to take a fine-tooth comb at." Read the rest

Facebook never delivered its "Clear History" feature

A year ago, Facebook -- wracked by the Cambridge Analytica scandal (and many, many others) -- promised a "Clear History" feature that would allow its users to wipe clean the nonconsensual dossiers that the company had compiled on them, a promise uttered by Mark Zuckerberg himself during the F8 developer conference. Read the rest

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