In the July 28 CBS News article “Congress set to grill Big Tech CEOs — here’s what to expect,” AAI President Diana Moss said the CEOs of Amazon, Apple, Facebook and Google could face questions about the practices that they use to maintain their market position in their July 29 Congressional hearing. From the article:
“How they interact with smaller vendors and rivals on their platforms, the practices that they use to maintain their market position — all of that is now under the microscope,” said Diana Moss, president of the American Antitrust Institute. “The last hearing was in January, pre-COVID, and I will be particularly interested in how the COVID pandemic will weave through the conversation.”
Moss also discussed the options Congress has for regulating the big tech firms. From the article:
Congress also could seek to more tightly regulate tech companies without breaking them up, said Moss of the American Antitrust Institute. “The most considered proposal would be something along the lines of creating a digital technology act.”
“What we’re seeing here is the emergence of a real multidimensional problem. The platforms raise not just economic problems, but social issues,” she said. “Antitrust is absolutely a tool when it comes to competition issues, but it may not be the best tool for privacy.”
