Justice Department launches antitrust probe of Big Tech

The U.S. Department of Justice opened a sweeping antitrust investigation of big technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.

President Donald Trump also has relentlessly criticized the big tech companies by name in recent months. He frequently asserts, without evidence, that companies such as Facebook and Google are biased against him and conservative politicians.The focus of the investigation closely mirrors a bipartisan probe of Big Tech undertaken by the House Judiciary subcommittee on antitrust. Its chairman, Rep.

Apple referred to comments from CEO Tim Cook, who told CBS last month he doesn't think"anybody reasonable" would call Apple a monopoly.One antitrust expert believes the DOJ investigation may prompt regulators to interpret U.S. competition law in new ways. Traditionally, antitrust regulators have only sought to block acquisitions involving large companies in adjacent markets. But Hovenkamp says U.S. antitrust law is broad enough for regulators to consider the potential damage wrought by relatively small deals, too.

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Justice Department to Open Broad, New Antitrust Review of Big Tech CompaniesThe Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, according to department officials. Maybe they'll soon address the glaring issue born from the combination of their censorship and assertions that social-media is a 'public forum'. W00t! usdoj discovery fun: request every bit that has ever entered or exited their servers. It'll take em a while 😁😂 Wrong. If a company goes bankrupt appears the popular cry for public aid, as is happening backwards and these companies are trying to succeed and expanding American technological supremacy around the world, bad people try to obstructe their organization.
Source: WSJ - 🏆 98. / 63 Read more »