on March 19, 2019 in Featured World News

Jeff Landry: All Options Are on the Table to Break Big Tech Monopolies

by Robert Kraychik

Louisiana Attorney General Jeff Landry told Breitbart News that attorneys general across America — both Democrat and Republican — are considering “all actions,” including the use of existing antitrust law, to curb the growing power held by technology firms such as Google, Facebook, and Twitter.

Landry offered his remarks in a Tuesday interview on SiriusXM’s Breitbart News Daily with host Alex Marlow.

“We have seen a tremendous amount of consolidation in regard to social platforms and the tech industry over the last decade, and the result of that has become a handful of companies that have amassed a tremendous amount of data and power over the U.S. and world economy,” said Landry.

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Landry added, “Just the fact that they can censor any type of speech is problematic, on top of the fact that the monetization of people’s personal data is enriching these companies at the expense of the consumer.”

A bipartisan consensus among America’s attorneys general is arising with respect to the increasing concentration of power among several technology firms, remarked Landry.

“When you talk to attorneys general around the country — irrespective of whether they’re Democrat or Republican, liberal or conservative — there is an instinct that something is going on, there is this instinctive feeling that something must be done with these companies, that they have become too big,” Landry claimed.

Marlow asked, “This is an issue where it seems like right and left, all of a sudden, are unified in their skepticism over the way these big tech giants [became] so rich and powerful. They’re the biggest lobbyists in Washington, D.C. They operate completely opaquely [with] almost no transparency. So you probably have found some — maybe unexpected — camaraderie with some of your Democrat colleagues in this regard?”

Landry replied, “What makes America great is that no one is bigger than the people, right? No one is truly bigger than the government which, of course, is a government of the people. Historically, when corporations in this country, in our free market economy, have amassed monopolistic power — power to basically control the economy — the people have stood up and said, ‘Enough is enough. Something must be done.’ There’s been a lot of positive that has come out of government taking action in this type of matter.”

“All action is on top of the table,” continued Landry. “In a couple of weeks — in fact, I think it’s next week on the 25th — there’s a roundtable being conducted by attorneys general in front of the FEC to discuss this, to discuss the harm that it’s placing on consumers, whether or not it will lead to antitrust action against the companies, or whether or not we should be looking more carefully on any mergers or consolidations or buyouts by these tech companies.”

Increasing concentration of power within Silicon Valley undermines free markets and human freedom, remarked Landry.

 

full story at https://www.breitbart.com/radio/2019/03/19/jeff-landry-all-options-are-on-the-table-to-break-big-tech-monopolies/

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