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10/12/20

USA: The Gang of Four: House Report Cites Monopoly Power Of Apple, Amazon, Facebook, Google - by Bobby Allyn, Alina Selyukh, Shannon Bond

n a sweeping report spanning 449 pages, House Democrats lay out a detailed case for stripping Apple, Amazon, Facebook and Google of the power than has made each of them dominant in their fields.

The four companies began as "scrappy underdog startups" but are now monopolies that must be restricted and regulated, the report from Democrats on the House Judiciary Committee's antitrust panel says.

"These four corporations increasingly serve as gatekeepers of commerce and communications in the digital age, and this gatekeeper power gives them enormous capacity to abuse that power," a lawyer for the subcommittee's Democratic majority said in a briefing with reporters.

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House Report Cites Monopoly Power Of Apple, Amazon, Facebook, Google : NPR

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