HomeLatest NewsGovernanceFacing monopoly fears, US senator to discuss growing big tech dominance

Facing monopoly fears, US senator to discuss growing big tech dominance

This comes at a time when voices for better antitrust enforcement in the new emerging smart home devices have grown with the smaller companies becoming insignificant

Preferred Source of Google

Fearing monopoly, the Congress has announced to take up the issue regarding big tech firms including Amazon.com and ‘s breaching more homes with devices for further discussion. This comes at a time when voices for better antitrust enforcement in the new emerging smart home devices have grown with the smaller companies like speaker maker Sonos Inc quickly becoming insignificant.

The hearing also takes place at a time of extraordinary interest in tougher antitrust enforcement, much of it focused on the biggest US technology companies. One result has been a series of investigations and several federal and state lawsuits filed against Google and Facebook as well as a long list of antitrust bills.

Senator Amy Klobuchar, who chairs the antitrust subcommittee, is hoping to act before the existing tech giants, in this case, Amazon and Google, establish themselves as unassailable.

Advertisement
Infosec Reimagined
Infosec Reimagined
Infosec Reimagined 2026 is the premier information security summit where top leaders—CISOs, CROs, CIOs, CTOs and risk executives—converge to redefine cyber resilience.
Register Now →
Digital Senate
Digital Senate
Digital Senate is a premier conference uniting government leaders, technologists and innovators to share ideas, success stories and strategies on digital governance, public sector transformation, cybersecurity and emerging technologies in India.
Register Now →
CIO Prism
CIO Prism
CIO Prism unites forward-thinking technology leaders to exchange transformative insights, shape digital strategies, and foster innovation, empowering enterprises to excel in an era of rapid technological change.
Register Now →
National DefTech Summit
National DefTech Summit
Featuring keynotes, expert panels, live tech demos and strategic networking, the summit will drive actionable insights for defence sector.
Register Now →

In the smart speaker market, Klobuchar cited data that showed that Amazon was at 53% market share while Google was at 31%.

“This is an area where we can look forward and see around the corner and not just respond years later,” Klobuchar said, noting that people are buying everything from smart speakers to smart door locks and more. “We know that this is a growing market.”

Smart home technology can be smart speakers like Amazon’s Echo or Google’s Nest, security systems, or televisions.

Advertisement

Meanwhile, the Congress witnesses will include Ryan McCrate, Amazon’s associate general counsel, and Google Senior Public Policy Director Wilson White, along with Sonos Chief Legal Officer Eddie Lazarus.

Last year, Sonos CEO Patrick Spence told a congressional committee that Google and Amazon used their dominance of search and online retail, respectively, to subsidize the smart speaker market and, potentially, dominate the market for other smart home devices.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Powered By Veeam Logo
- Advertisement -

Subscribe to our Newsletter

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

India Built a Digital Backbone, but Who Controls the Keys?

India has built a world-class digital backbone, but true sovereignty requires domestic control over encryption keys, recovery systems and supplier chains. The gap between infrastructure ambition and operational discipline is where policy attention must now turn.

RELATED ARTICLES