Former Microsoft .ft CEO Steve Burmer on Wednesday commented on a no-confidence report by the House Judiciary Subcommittee, which found Amazon, Apple, Facebook, Facebook and Google to have a monopoly power.
“I bet the money won’t break,” Balmer said.
Ballmer, who sued MicroStft in an anti-trust lawsuit in the early 2000s, made some recommendations to those companies during CNBC’s “Squawk Box X” on Wednesday.
“If I’m in this guy’s shoes, I say let’s go down there and let’s regulate me and let’s get together so I know what I can do.”
Referring to the Microsoft Microsoft FTA’s no-confidence legal challenges twenty years ago, Ball Lamar said, “What we can learn from the fact that we were going through our no-confidence issues in the early 2000s is that you think everything is 100% compliant with the law. But then if you end up in a situation where someone is considered a monopoly then life becomes a kind of madness.
“I would recommend to all of these tech companies to get involved right now and get involved with regulators,” Blamer said. “I don’t think they can just take unilateral action and expect that whatever he is a regulator or whoever is a congressman will decide what they should do. The main thing is to get involved.”
The judge ruled in 2000 that Microsoft had violated antitrust laws by trying to monopolize the web browser market by bundling Internet Explorer with Windows, which the Department of Justice said gave browsers such as Microsoft and Ft. Microsoft appealed the ruling with DOJ in 2001 and reached a settlement.
“I also don’t think Apple’s case is the same as Amazon’s and Google’s.” “In a sense, putting it all together makes for a good theater, but that doesn’t necessarily mean having a good policy.”
Although Ball Lmer said he would not break Big Tech, ready to “wager money,” he added, “It does not mean that in our case, someone will not give them broken orders before they withdraw” – to Microsoft Mention how it was ordered to be split in half before a successful settlement with the Justice Department.
“Will the acquisitions be viewed differently? Yes, I believe it can happen,” Balmer said. The House Judiciary Subcommittee on Anti-Trust investigated whether Facebook bought Instagram to remove a rival anti-competitive “killer acquisition.”
“But really forced to cut things off? As I read the concerns – just me as a non-trusted lawyer reader – I read the concerns and I don’t think the idea of breaking them down answers most of the people’s questions.” Is, or many complaints they are raising, ”Balmer said.
Now that the House Judiciary Committee has released its report, legislators will have to turn their attention to updating the antitrust law for the Big Tech era.
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