Big Tech reboot – time to stop further consolidations, revive competition and promote free speech

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Google, Facebook, Amazon and Apple are monopolistic technology corporations that dominate a greater market share in their fields than any similar firms in American history. 

While size alone isn’t a problem, these firms have used their extraordinary wealth and power to buy up rivals, stifle competition and muzzle speech that they oppose. This harms Americans, and that’s why I have joined with Sen. Amy Klobuchar, D-Minn., to introduce the Competition and Opportunity Act, which would stop the further consolidation of these tech giants.

Google controls more than 90% of the search market, Amazon controls 80% of the e-book market and a huge share of cloud services, Facebook controls a majority of social media, and Apple – along with Google – share total control of the App Store market. 

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These companies have acquired this extraordinary level of power, in part, by consuming and combining with their major competitors. Google bought YouTube, Facebook acquired Instagram and WhatsApp, and Apple bought Intel’s smartphone business.

In 2012, Facebook’s CEO Mark Zuckerberg acknowledged that Instagram was a “threat” before he purchased the company and stated in an email that “one thing about

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