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A House of Representatives sub-committee report on large technology platforms has determined that Apple, Google, Facebook, and Amazon are abusive monopolies.  Matt Stoller has summarized the report’s recommended course of Read more…

U.S. antirust doctrine and practice has long failed to consider issues of industrial competitiveness.

Last week, the House Antitrust Subcommittee grilled the CEOs of four large technology platforms – Apple, Amazon, Google, and Facebook – for five and a half hours, focusing on the market power these corporations have accumulated over the last fifteen to twenty years.

America used to dominate the semiconductor industry, but that leadership position is increasingly fragile. There are two parallel forces at work: the rise of our competitors and the decline of our domestic champions.

Intel has been conspicuous among Silicon Valley high-tech companies, insofar as until now it has resisted the siren song to send much of its manufacturing offshore.

Wednesday’s “must watch” House Judiciary hearing with the CEOs of Amazon, Apple, Facebook, and Google raised a host of questions, including what the goal of antitrust should be (maximizing economic welfare or other goals, like protecting small business), and how should we think about platform industries.

The modern-day Titans of Industry testified before Congress Monday ostensibly for a hearing on anti-trust.

Not without reason do China critics tend to observe a rival across the Pacific strong everywhere the US is weak, especially under the sway of coronavirus. For most on the Right, the focus of such criticism centers around ideology: if only the Chinese weren’t communist, we wouldn’t find ourselves in this mess. Some anti-communists take a more globalist bent (“true capitalistic democratization hasn’t been tried”), others a more nationalist one (“America must once again defeat an evil empire”).

The debate about Big Tech often breaks down into one of whether or not a private company should be “regulated.” This is especially true as attention heats up around the use of antitrust enforcement — substantively, definitionally, and applicably different than regulation, though in argument one side attempts to conflate them. 

It’s more nuanced than you think.

Just a few years ago, it was possible for nationalist Americans to warn foreign enemies like North Korea that the US was a “hyperpower.” A few decades ago, however, the label was a term of abuse.

I’ve raised the issue of social media regulation before. This is an issue that won’t be going away anytime soon in the wake of Google’s decision to ban two websites Read more…

Faced over the past few years with a deepening sense of dread around the increasing irrelevance of academic political theory, I shifted much of my perspective on the accelerating unraveling of the modern order to media theory–specifically, media theory rooted in the work of Marshall McLuhan and his son Eric. While political theory as an endeavor is far from dead, the profound disconnect between the conceptual frameworks dominating the discipline and the reshaping of our inner and outer realities by digital technology has made it difficult to push the political debate around “tech” today in the direction the McLuhans draw us.

Donald Trump threatened to close Twitter down a day after the social media giant marked his tweets with a fact-check warning label for the first time. The president followed this threat up with an executive order that would encourage federal regulators to allow tech companies to be held liable for the comments, videos, and other content posted by users on their platforms. As is often the case with this president, his impetuous actions were more than a touch self-serving and legally dubious absent a congressionally legislated regulatory framework.

It has become bipartisan sport to attack “Big Tech”, but most of the ire is directed at “Big Internet”: consumer-facing Internet companies like Amazon, Google, Facebook, Twitter, and Uber.