Tech on Trial: House Panel Begins Review of Market Power
The House Judiciary Committee is launching its investigation into the market dominance of Silicon Valley’s biggest names, starting with a look at the impact of the tech giants’ platforms on news content, news organizations and advertisers. News media associations and journalism groups accuse the tech giants of jeopardizing the industry’s economic survival by putting out news content on their platforms without paying for it. They will make their case against the companies at Tuesday’s hearing of the Judiciary Committee’s antitrust panel.
The big tech companies “have gained a monopolistic position that lets them dominate the digital advertising marketplace and distribute massive