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Writer's pictureCapitalismizawesome

Investigate Social Media Giants for Violation of Anti-Trust Laws

Updated: Apr 5, 2018

Had enough of Facebook and twitter censoring free speech? Maybe it is time to break up the monopoly that they have on social media.



https://petitions.whitehouse.gov/petition/investigate-social-media-giants-violation-anti-trust-laws


As many of you may be aware powerful corporations are attempting to censor free speech. These are social media giants like Facebook and Twitter, and Google. They silence individuals and businesses alike. They decide what news gets reported and what does not. Furthermore, they attempt to restrain trade from small businesses that do not agree with their Marxist view point. I believe that this is a violation of the anti-trust laws of the United States and that they should be investigated. If you agree please sign the petition.


The anti-trust laws are considered to have begun in 1890 with the Sherman anti-trust act, which made it illegal to restrain trade or to form a monopoly on trade. Though more laws and policies have been added over the years it has always been in the best interest of the public to regulate big business to prevent them from abuses of their power. Few entities can wield the power that large international corporations can, and if they decide to abuse that power then it can have dire consequences for multitudes of people, and it can stifle a free market built on competitive trade.


Historically the US government has used these laws to break up monopolies like those formed by Standard oil in 1904 and ATT in 1982, but it has also been used to stop major abuses of economic power like when Microsoft strong armed companies into using its software in an attempt to harm its competitor Netscape. (outcome still pending in appeals.)

  • Industrial Commission (1898) to investigate railroad pricing, among other things

  • United States v. E. C. Knight Co., 156 U.S. 1 (1895) restricting monopoly regulation

  • Swift & Co. v. United States, 196 U.S. 375 (1905) the antitrust laws entitled the federal government to regulate monopolies that had a direct impact on commerce

  • Northern Securities Co. v. United States, 193 U.S. 197 (1904) 5 to 4, a railway monopoly, formed through a merger of 3 corporations was ordered to be dissolved. The owner, James Jerome Hill was forced to manage his ownership stake in each independently.

  • Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911) Standard Oil was dismantled into geographical entities given its size, and that it was too much of a monopoly

  • United States v. American Tobacco Company, 221 U.S. 106 (1911) found to have monopolized the trade.

Could Google be facing a class action lawsuit? To learn more read this article.

https://capitalismizawesom.wixsite.com/rightabouteverything/blog/could-google-soon-be-facing-yet-another-class-action-lawsuit

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