A Strong Step Toward an Antitrust Revival

A Strong Step Toward an Antitrust Revival

A Strong Step Toward an Antitrust Revival

Taking on technology’s Big Four isn’t for the faint of heart.

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EDITOR’S NOTE: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.

Largely lost last week amid the spectacle of President Trump turning the White House into a Covid-19 hot spot was a Washington rarity in these polarized times: Congress doing its job.

The House Judiciary subcommittee on antitrust issued a remarkable report of its 16-month investigation into the monopoly power wielded by four of America’s Big Tech companies: Amazon, Apple, Facebook, and Google. The 449-page document details the costs and abuses of those monopolies and calls for strengthening antitrust laws and enforcement, including cracking down on mergers and requiring the four behemoths to spin off parts of their businesses.

The subcommittee revived a key function of Congress: the power to investigate, report, and set the stage for legislation. The report itself may become a keystone in a long-overdue dawning of progressive tech reforms.

Read the full text of Katrina’s column here.

We cannot back down

We now confront a second Trump presidency.

There’s not a moment to lose. We must harness our fears, our grief, and yes, our anger, to resist the dangerous policies Donald Trump will unleash on our country. We rededicate ourselves to our role as journalists and writers of principle and conscience.

Today, we also steel ourselves for the fight ahead. It will demand a fearless spirit, an informed mind, wise analysis, and humane resistance. We face the enactment of Project 2025, a far-right supreme court, political authoritarianism, increasing inequality and record homelessness, a looming climate crisis, and conflicts abroad. The Nation will expose and propose, nurture investigative reporting, and stand together as a community to keep hope and possibility alive. The Nation’s work will continue—as it has in good and not-so-good times—to develop alternative ideas and visions, to deepen our mission of truth-telling and deep reporting, and to further solidarity in a nation divided.

Armed with a remarkable 160 years of bold, independent journalism, our mandate today remains the same as when abolitionists first founded The Nation—to uphold the principles of democracy and freedom, serve as a beacon through the darkest days of resistance, and to envision and struggle for a brighter future.

The day is dark, the forces arrayed are tenacious, but as the late Nation editorial board member Toni Morrison wrote “No! This is precisely the time when artists go to work. There is no time for despair, no place for self-pity, no need for silence, no room for fear. We speak, we write, we do language. That is how civilizations heal.”

I urge you to stand with The Nation and donate today.

Onwards,

Katrina vanden Heuvel
Editorial Director and Publisher, The Nation

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