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2020-07-30 10:07 Congress panel concludes GAFA companies have monopoly power

Congress panel concludes GAFA companies have monopoly power

Four of America’s top tech CEOs have faced a grilling before the US Congress. Facebook, Amazon, Google and Apple face accusations their size has essentially crippled smaller rivals. The CEOs were also grilled over their alleged political bias, misuse of data, and links to China. The panel concluded the big four do have monopoly power that needs to be broken up.

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