According to a report from CNN, Democratic Representative Alexandria Ocasio-Cortez said this week that tech companies had too much power and that “the current monopoly trend is societally and economically unsustainable.”
Ocasio-Cortez’s comments came in the aftermath of layoffs at a number of number of news organizations, including BuzzFeed and HuffPost.
“The biggest threats to journalism right now are tech monopolies & concentration of ownership,” she tweeted on Saturday, adding: “The fact of the matter is the current monopoly trend is societally & economically unsustainable. We can’t simply accept the cliché that ‘journalism is dying.’ Journalism will only die if we choose not to fight for it – and if journalism dies, our democracy will, too.”
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Withdraws Case Against Microsoft-Activision Merger, Citing Public Interest
May 23, 2025 by
CPI
Charter to Acquire Cox Communications in $35 Billion Deal
May 22, 2025 by
CPI
FTC Targets Media Watchdog Over Alleged Collusion Against Musk’s X
May 22, 2025 by
CPI
FTC Drops Antitrust Case Accusing Pepsi of Squeezing Small Retailers
May 22, 2025 by
CPI
Shein Warns of Higher Costs for French Shoppers Amid EU Fee Proposal
May 22, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Industrial Policy
May 21, 2025 by
CPI
Industrial Strategy and the Role of Competition – Taking a Business Lens
May 21, 2025 by
Marcus Bokkerink
Industrial Policy, Antitrust, and Economic Growth: Some Observations
May 21, 2025 by
David S. Evans
Bolder by Design: Crafting Pro-Competitive Industrial Policies For Complex Challenges
May 21, 2025 by
Antonio Capobianco & Beatriz Marques
Competition-Friendly Industrial Policy
May 21, 2025 by
Philippe Aghion, Mathias Dewatripont & Patrick Legros