Eclipse of the heart: The Tipline for 16 March 2021

Senator Amy Klobuchar said yesterday that it is possible to “still enforce competition policy and believe in it in your heart” while not hating dominant technology companies. The chair of the Senate antitrust subcommittee cited the breakup of AT&T, noting that it led to lower rates for long-distance phone calls, a successful cellular phone market and a strong AT&T. Like phone services, people need Big Tech products, Klobuchar said. But the polls have shown “over and over again” that they do not want markets dominated by one company, she added. “We are proud of our tech sector in the US,” Klobuchar said. “They have brought incredible products on the market and we want to continue expanding that sector and have new companies come in.”