Business

Breaking up Facebook & Google? RTs Keiser Report looks at the best way to disband the monopolies

The Louisiana Attorney General Jeff Landry said he would like to see Google, Facebook and other major social media behemoths broken up like the federal government did to Standard Oil more than a century ago.

Landry said the internet giants are suppressing conservative agendas, stifling competition, and infringing on antitrust laws.

Max and Stacy agree that theres not much competition in the US, with many new oligopolies and online monopolies tending to be Silicon Valley based.

Keiser argues that it is better to encourage more competition by getting rid of the net neutrality bill or the Citizens United law. “Thats an easier way than trying to do something here which is impossible because the managers of these companies own too many politicians,” says Max.

For more stories on economy & finance visit RT's business section

Original Article

[contf]
[contfnew]

RT

[contfnewc]
[contfnewc]

Related Articles

Business

Pressed by COVID-19 and low oil prices, Nigeria slips into recession

africanews– Nigeria, Africa’s biggest economy, entered recession for the second time in...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

Last week, US President Donald Trump signed an executive order aimed at...