July, 29 2020, 12:00am EDT
Economic Liberties Releases Big Tech Abuse & Merger Trackers
On Tuesday, ahead of Wednesday's House Subcommittee on Antitrust, Commercial and Administrative Law hearing with Amazon, Apple, Facebook and Google CEOs, the American Economic Liberties Project released two essential resources: a Big Tech Abuse Tracker and a
WASHINGTON
On Tuesday, ahead of Wednesday's House Subcommittee on Antitrust, Commercial and Administrative Law hearing with Amazon, Apple, Facebook and Google CEOs, the American Economic Liberties Project released two essential resources: a Big Tech Abuse Tracker and a Big Tech Merger Tracker.
From promoting racist propaganda to collecting user data without consent to spreading misinformation during a global pandemic, Apple, Amazon, Facebook and Google have been caught directly threatening civil rights, public health, and the durability of our democracy. The Big Tech Abuse Tracker maps out these harms, listing abusive behavior from Amazon, Apple, Facebook, and Google since 2016.
The Big Tech Merger Tracker similarly records Apple, Amazon, Facebook, and Google's publicly-disclosed acquisitions through June 2020, showing how big tech monopolies use mergers and acquisitions to gain market power, acquire data, and snuff out any threats from would-be competitors.
"Policymakers and enforcers have allowed these big tech barons to bully workers, consumers, and businesses for far too long," said Sarah Miller, Executive Director of the American Economic Liberties Project. "The outcome of the Subcommittee's investigation into their monopoly power is central not only to whether markets will become more fair, but whether Congress will reassert its power over a handful of men whose corporations threaten our democracy itself."
The Big Tech Abuse Tracker can be viewed here.
The Big Tech Merger Tracker can be viewed here.
Learn more about Economic Liberties here.
The American Economic Liberties Project works to ensure America's system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.
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