| SIGN NOW: "The July 31 hearing makes it clearer than ever: it's time to break up the big tech monopolies." | Mark Zuckerberg, Jeff Bezos, Tim Cook and Sundar Pichai—four of the world's wealthiest and most powerful men—testified before Congress this week. The testimony made one thing clear: Their tech monopolies have achieved dominance by undercutting businesses, conducting dangerous surveillance on users, and gobbling up startups in order to kill off competition. Tech monopolies have escaped scrutiny and regulation for years, even as they solidified dominant positions in commerce and communications, amassing wealth, economic and political power. But all that is finally starting to change. Sign the petition to tell Congress: Break up the tech monopolies! During the hearing: - Jeff Bezos conceded he "couldn't guarantee" that Amazon hadn't used seller data to design competing products.
- Lawmakers showed that Mark Zuckerberg had cudgeled Instagram into allowing him to buy the company, because he saw it as a competitor.
- Lawmakers grilled Sundar Pichai for prioritizing Google's own websites and products in searches while threatening to delist others
- Tim Cook was under scrutiny for using iPhones to dominate the app market, and then charging high commissions on the App Store.
In short, in a rare moment in history, these big tech monopolies were forced to answer for the damage they've done to small businesses, journalism, internet freedom, and our political system. Laid out all together, it's overwhelmingly clear: These companies need to be reined in and broken up. The testimony from the billionaire tech barons underscored that their companies have taken part in unfair monopoly practices that hurt everyone, and it's time for Congress and the FTC to break them up. We need your help using the momentum from this week's hearing to turn it into legislative and regulatory action. Will you join us in telling Congress and regulators: Break up Big Tech monopolies! Thanks, Team Progress |
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