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Hearing on Online Platforms and market power focussing on the free and Diverse Press. I recognize myself for an opening statement. In recent years, there has been a cascade of competition problems on the internet. Concentration has pushed local journalism to the verge of extincti extinction. The combination of predatory acquisitions and high Network Effects and switching costs undermine entrepreneurship and startup rates. The sheer dominance has resulted in less products leaving people without a competitive alternative of services. In response to these trends, the committee announced we would ...

The chair is authorized to declare recesses of the committee at any time. We welcome everyone to our first hearing on Online Platforms and market power, focusing on the free and Diverse Press. I now recognize myself for an Opening Statement. In recent years, there has been a cascade of competition problems on the internet. Concentration in the Digital Marketing has pushed for journalism to the verge of extension. The acquisitions, growing innovation kills him, and high Network Effects and switching costs, appear to undermine entrepreneurship and startup rates. The sheer dominance of some platf...

The chair is authorized to declare recesses of the committee at any time. We welcome everyone to our first hearing on Online Platforms and market power, focusing on the free and Diverse Press. I now recognize myself for an Opening Statement. In recent years, there has been a cascade of competition problems on the internet. Concentration in the Digital Marketing has pushed for journalism to the verge of extension. The acquisitions, growing innovation kills him, and high Network Effects and switching costs, appear to undermine entrepreneurship and startup rates. The sheer dominance of some platf...

[applause] good evening. Its wonderful to see everyone here. Thank you for bracing what could be a snowstorm that would keep you trapped here for the next few days. For what i know will be an important discussion and i appreciate everyones flexibility with the time so we can make sure our members of congress get back to washington in time for their votes tomorrow. I am relieved that youve been introduced because you are both princeton grads serving your fourth term of congress for the eighth district of your state and i was worried that i might mix up the states and i know that what put me in ...

[applause] good evening. Its wonderful to see everyone here. Thank you for bracing what could be a snowstorm that would keep you trapped here for the next few days. For what i know will be an important discussion and i appreciate everyones flexibility with the time so we can make sure our members of congress get back to washington in time for their votes tomorrow. I am relieved that youve been introduced because you are both princeton grads serving your fourth term of congress for the eighth district of your state and i was worried that i might mix up the states and i know that what put me in ...