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The American Prospect: A Week of Reckoning for Big Tech

Date Published: July 16, 2019

The American Prospect’s David Dayen previews a week of hearing scrutinizing big tech. He cites Open Markets Director of Enforcement Strategy Sally Hubbard who said that the subcommittee investigation itself, more than public hearings, will drive recommendations for reshaping tech platform markets.

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Business Insider: It’s absurd that we’re even entertaining Facebook’s Libra currency idea

Date Published: July 16, 2019

Business Insider reporter Linette Lopez asserts: “No, Facebook should not be allowed to have its own currency.” In her piece, she cites Open Markets recent report warning against Facebook’s proposal to launch Libra, a global digital currency. “I wouldn’t let Facebook water my plants, let alone monitor my banking transactions,” she writes.

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The National (AE): Facebook’s Libra called ‘a dangerous liability’ by anti-trust advocacy group

Date Published: July 16, 2019

The National (AE) reports on Open Markets’ latest brief on Facebook’s Libra currency proposal. The brief, published in advance of the July 16 Senate Banking Committee hearing scrutinizing Libra, is “a stark warning to Congress, calling the social media giant’s foray into digital banking ‘a dangerous liability at home and abroad’.”

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Bloomberg: Tech Giants Brace for Washington Showdown in Echo of Bill Gates

Date Published: July 16, 2019

Ahead of the July 16 House Antitrust Subcommittee hearing featuring big tech, Open Markets Deputy Director Sarah Miller tells Bloomberg’s David McLaughlin and Ben Brody that tech companies are harming entrepreneurs. “These companies were the darlings of most Democrats and now the dynamic has changed profoundly,” she said.

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Al Jazeera: Is Amazon a true monopoly or does the Bezos behemoth not qualify?

Date Published: July 15, 2019

Open Markets Executive Director Barry C. Lynn speaks to Al Jazeera’s Ben Piven regarding Amazon’s monopoly power. “As workers strike and the company kicks off Amazon Prime Day sales,” reports Piven “Many question whether the firm is too dominant.” Lynn tells Al Jazeera that “a lot of publishers and authors are terrified of speaking out about Amazon’s monopoly”.

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Bloomberg: YouTube’s Trampled Foes Plot Antitrust Revenge

Date Published: July 15, 2019

Open Markets Director of Enforcement Strategy Sally Hubbard speaks with Bloomberg reporters Lucas Shaw and Mark Bergen about YouTube’s dominance. She says of the video platform owned by Google, “If you’re looking into Google, it would be remiss not to look at YouTube. You’ve got monopolies upon monopolies.”

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