Antitrust Finally Gets Its Hearing ⇥ getrevue.co
Casey Newton, the Interface:
And yet for everything there is to criticize about today’s hearing, I came away from it mostly heartened. For the first time in half a century, Congress is taking its role as antitrust regulator seriously, and has undertaken a 13-month investigation that has so far produced 1.3 million documents laden with evidence. Members of the subcommittee have largely come to believe, as I do, that tech companies have grown too powerful and are in need of regulation. Wednesday offered them a chance to show us what they have found so far — and to hint at where they might be going next.
Newton’s is the most optimistic take I’ve seen yet — including my own — with less attention given to Congressional poseurs. I admire that.
You can read a portion of the internal documents uncovered by investigators on the House Judiciary website. One thing I noticed as I was reading through them is how easy it is to become entranced by this dialogue. It’s no wonder that many executives find themselves unable to step out of this bubble.