President Trump Signs Executive Order to Prevent Big Tech Censorship… Uses Antitrust Law to Lay Groundwork for Damages…

In an important and historic strike to protect free speech, and our democratic principles that we derive from our freedom of expression, President Trump signed an Executive Order yesterday aimed at reigning in the increasingly brazen and hard-left social media giants.

Attorney General William Barr was standing to the president’s right as he put his signature on the order.

Former FCC Commissioner Brendon Carr joined Lou Dobbs to discuss the importance of President Trump’s Executive Order…

Twitter CEO Jack Dorsey’s decision to take on the President of the United States was met with an all out assault against all of social media from the president.

By censoring small publishers like the one you’re now reading, social media companies essentially eliminated competition in the arena of ideas.

Their defense is to argue that they’re private companies and are therefore free to decide what appears on their platforms.  While Section 230 of the Consumer Decency Act limits them in that regard, there is a larger principle at stake.

The largest social media companies have grown into news and opinion  monoliths that have the power to control the outcomes of elections

If that sounds like the way China controls its voters, that’s because it is? 

It appears that President Trump’s E.O. gets its teeth by using antitrust law to buttress the First Amendment.  Sundance from the Conservative Treehouse explains…

The issue will not necessarily surface as most would think; via a bias based on conservative -vs- leftist ideology in content manipulation; though those underlying aspects are a part of the larger underpinning we will soon see surface.

Antitrust lawsuits, writ large, are based on “prices”, “costs”, and net “financial” distortions caused by corporations not competing based on open commerce. “Antitrust” in it’s structural form is based on costs and the manipulation of prices.  Essentially, controlled commerce.

In the digital sphere the targeted firms have not opened themselves to liability based on ideology; but rather Google, all subsidiaries and alliances, have opened themselves to antitrust violations through the manipulation and control of financial benefit.

Demonitization of digital platform content providers, in combination with Google’s control of almost all ad revenue in the digital space, is what has opened the door for DOJ intervention based on antitrust laws.

This happens because the content being generated on these controlled platforms is being arbitrarily valued by the media company, not the free market. Devaluing certain content they are ideologically opposed to creates consumer distortions.

Underpinning that revenue control is the ideological nature of the content provider. However, for the purpose of antitrust lawsuits, that motive is irrelevant.

The methods, practices and purposeful control of value; through collusion of corporate interest specific to a planned and organized effort to control monetary benefit; is the part of their activity that is quantifiable, discoverable, easily provable, and ultimately unlawful.

The financial distortion of internet commerce is the crack in the Big Tech stranglehold that affords the DOJ the opportunity to step in.  Google (and all subsidiaries) will lose on the substance of their defense because ultimately their business practice has resulted in, and arguably they have engaged in, price fixing.

It will take time, but eventually they will settle; and there will likely be a massive financial settlement in addition to a negotiated Consent Decree. Within the CD terms, we may even see a break-up.

“My Executive Order further instructs the Federal Trade Commission (FTC) to prohibit social media companies from engaging in any deceptive acts or practices affecting commerce.”