Google and Facebook must be regulated says Steve Bannon

Bannon’s potential for managing primary tech platforms as services pre-dates the Democratic “Better Deal” that was released this week. “Better Deal,” the branding for Democrats’ political objectives, included planks aimed at breaking up trusts in a variety of sectors, implying that anti-monopoly diplomacies are on the rise on both the right and left.

Bannon’s basic thought, as he has described it to people who’ve talked with him, is that Facebook and Google have become definitely a requirement in modern life. Indeed, there may be something about an online social network or a search engine that advances itself to displaying a natural monopoly, much like cable companies, a water and sewer system, or a system. The sources described the discussions on the situation of anonymity because they were not allowed to give the stories on record, and could face consequences for doing so.

Regulating an organization as a utility does not expect that the government manages it, but sooner that it is much more tightly controlled in what it is able to do and prices it is able to rush. And it doesn’t involve every component of the company would be organized in that way. For Google which now calls itself Alphabet and has already conveniently divided itself up into discrete components may only be the search function that would be managed like a utility.

Under the Obama government, the Federal Communications Commission pushed forward on a plan to improve internet service providers as services, preventing them from slowing down traffic to a site in order to urge it into paying higher fees. The Trump government is pushing to change that move, which involves Bannon’s message.

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