ABSTRACT

Online Platforms and Market Power, Part 1: The Free and Diverse Press, Hearing Before the Subcommittee on Antitrust, Commercial and Administrative Law of the Committee on the Judiciary, House of Representatives, One Hundred Sixteenth Congress, First Session, June 11, 2019   [open pdf - 84MB]

This is the June 11, 2019 hearing "Online Platforms and Market Power, Part 1: The Free and Diverse Press" held before the House Subcommittee on Antitrust, Commercial and Administrative Law of the Committee on the Judiciary. From the opening statement of David Cicilline: "In recent years, there has been a cascade of competition problems on the Internet. Concentration in the digital advertising market has pushed local journalism to the verge of extinction. The combination of predatory acquisitions, a growing innovation kill zone, and high network effects and switching costs appear to have undermined entrepreneurship and startup rates. [...] In response to these trends, the committee announced last week that we will conduct a bipartisan investigation into competition in the online marketplace. The purpose of this investigation is to document anticompetitive conduct online, examine whether dominant firms are engaging in anticompetitive conduct, and assess whether our competition system and current enforcement levels are adequate to address these problems. [...] Today's hearing is the first step in this process for examining these trends. The free and diverse press is the backbone of our vibrant democracy." Statements, letters, and materials submitted for the record include those of the following: David Chavern, Gene Kimmelman, Sally Hubbard, Matthew Schruers, David Pitofsky, and Kevin Riley.

Report Number:
Serial No. 116-25
Publisher:
Date:
2020
Copyright:
Public Domain
Retrieved From:
U.S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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