Campbell: Trump Should Break Up Google’s Media Monopoly
This article comes from Breitbart.com
by Fred Campbell
When President Trump was still on the campaign trail, he noted that Amazon is using the Washington Post (owned by Amazon) as a political instrument to avoid prosecution for its “huge antitrust problem.” President Trump is right to be concerned about Silicon Valley’s unprecedented corporate power and influence over the nation’s media, and he’s right that “we can’t let [them] get away with it.” But the greatest threat to our constitutional republic isn’t Amazon. It’s Google.
Google’s anticompetitive use of its monopoly power is beyond doubt. A Federal Trade Commission staff report found that Google has intentionally engaged in discriminatory conduct that has strengthened its monopoly power and caused “real harm to consumers and to innovation” that “will have lasting negative effects on consumer welfare.” While the European Union is still conducting serious antitrust investigations into Google’s abuse of its monopoly power, the U.S. closed its investigation of Google after giving it little more than a slap on the wrist.
In its investigative report of the closed FTC investigation, the Wall Street Journal noted that an antitrust lawsuit against Google would have pitted the Obama administration against one of its closest corporate allies, who “was the second-largest corporate source of campaign donations to President Barack Obama’s re-election effort.” This awkward situation could explain why the Obama administration gave Google a corporate pass, but it’s not the only possibility.