Tag: Antitrust Laws

White House Releases Performatively Ridiculous ‘Principles’ For ‘Tech Platform Accountability’ That Include Removing Section 230

Tina Marie (Ms. Cat)

from the last-minute-homework dept

Fri, Sep 9th 2022 09:50am – Mike Masnick

During the 2020 campaign, there were a few times when candidate Joe Biden insisted he wanted to get rid of Section 230 entirely, though he made it clear he had no idea what Section 230 actually did. When I wrote articles highlighting all of this, I had some Biden supporters (even folks who worked on his campaign) reach out to me to say not to worry about it, that Biden wasn’t fully briefed on 230, and that if he became President, more knowledgeable people would be tasked to work on stuff, and the 230 stuff wouldn’t be an issue. I didn’t believe it at the time, and it turns out I was correct.

White House Releases Performatively Ridiculous ‘Principles’ For ‘Tech Platform Accountability’ That Include Removing Section 230

Doesn’t matter who’s in charge, they both want to cancel each other and censor whatever they determine is disinformation, whether it’s domestic or foreign policy!

Related:

Communications Decency Act – Section 230

Book publishers just spent 3 weeks in court arguing they have no idea what they’re doing

Tina Marie (Ms. Cat)

On August 22, oral arguments ended in the Justice Department’s antitrust trial to block the book publisher Penguin Random House from merging with rival Simon & Schuster. The result of the trial, which is expected to be decided later this fall, will have a massive impact on both the multibillion-dollar book publishing industry and on how the government handles corporate consolidation going forward. Perhaps fittingly for a case with such high stakes, the trial was characterized by obfuscation and downright disinformation nearly the whole way through.

Book publishers just spent 3 weeks in court arguing they have no idea what they’re doing

Everyone pays the cost as the rich keep spending

Tina Marie (Ms. Cat)

Everyone pays the cost as the rich keep spending

Meanwhile, the Biden White House is doing what it can to buffer inflationary pain for working people. It has been releasing strategic petroleum reserves in a partly successful effort to lower prices at the pump, extending pandemic-era caps on some student loan payments and pushing for antitrust action in areas where corporate concentration (which has grown hand in hand with financialisation) may be responsible for some inflationary pressure.

But more changes are needed. The success of corporate lobbyists in overturning efforts to roll back carried interest loopholes are shameful. Student debt forgiveness — no matter how generous it is — will not change the fact that the cost of four years of private university in the US (an elastic cost that can be bid up indefinitely by the global rich) is nearly double the median family income. Housing markets continue to cry out for major reform.

I suspect it will take a younger generation to push through these sorts of systemic changes. They simply don’t have as much asset wealth to protect.

Baby Formula Crisis Requires Urgent Action to Address Shortage of Vital Nutrition & Price Gouging

Tina Marie (Ms. Cat)

Four corporations control 90% of the baby formula market in the United States, and as a national baby formula shortage drags on, it has impacted working-class families of color the most. We get an update from Democratic Congressmember Ro Khanna of California, who just wrote an open letter urging leaders of federal agencies such as the Food and Drug Administration to take bolder action to address the shortage. Khanna discusses efforts to increase production domestically and supplement the shortage with formula from other nations, and why he is calling for President Biden to go further and pass antitrust laws to reduce reliance on corporate monopolies for vital products. “Why is it that we are so dependent on one or two manufacturers in this country?” says Khanna. “This is a problem not just in baby formula.”

Baby Formula Crisis Requires Urgent Action to Address Shortage of Vital Nutrition & Price Gouging