Rein in Big Tech
Take action to challenge the power of Big Tech.
Take action to challenge the power of Big Tech.
10. 02. 2024
Visit resource page: Event Highlights: Designing a Public AI Workshop06. 04. 2024
Visit resource page: Building a New Political Economy for AI03. 30. 2024
Visit resource page: THE TELEGRAPH: I tried to survive 24 hours without using ‘Big Five’ tech – and my life became impossible03. 13. 2024
Visit resource page: POLITICO: How States Can Keep Big Tech from Dominating AI02. 10. 2024
Visit resource page: ABC NEWS: What to know about landmark AI regulations proposed in California10. 25. 2023
Visit resource page: Antimonopoly in the Age of AI: A Conversation with Chris Hughes and Ganesh SitaramanWe’re renewing democracy in the digital economy to promote fair markets where users, small business leaders, workers, and communities of color can thrive, not just monopolies.
The ChallengeDigital platforms are transforming how we interact with the world, but the dynamics of the digital economy — where companies have incentives to vertically integrate across markets and consolidate economic power and data to achieve economies of scale and network effects — have also given rise to a few dominant players with immense private power. And it’s not just a matter of sheer market power, either. This economic power often translates into power over our democracy and society. When they hold so much unprecedented power over so much virtual real estate, it precludes any real competition.
Some of these digital platforms — Google, Amazon, Facebook, and Apple — were the focus of a thorough 16-month investigation by Congress into the competitive dynamics of digital markets, led by the House Judiciary Antitrust Subcommittee. In October 2020, the investigation culminated in a 450-page report outlining how Big Tech’s dominance in cloud computing, digital advertising, and other markets enables them to unfairly distort markets, rig the rules, and pick winners and losers.
One of the report’s major conclusions is that these platforms have such outsized market power that we need new rules and legislation to address these structural inequities, because our economic system is skewing the incentives toward accumulating monopoly power.
To counter concentrated power in the digital economy, we educate the public on the monopoly problem; run creative, sharp campaigns focused on antimonopoly action; and support the field to integrate an antimonopoly approach into tech policy.