Showing posts with label anti-trust. Show all posts
Showing posts with label anti-trust. Show all posts

Monday, June 3, 2019

Amazon, Facebook, Google And Apple To Be Probed By Congress

Left to right, Amazon's chief Jeff Bezos, Larry Page of Alphabet, Facebook COO Sheryl Sandberg, then-Vice President elect Mike Pence, then-President-elect Donald Trump, Peter Thiel, co-founder and former CEO of PayPal, Tim Cook of Apple and Safra Catz of Oracle attend a meeting at Trump Tower December 14, 2016 in New York. (AFP/Timothy A. Clary)

NBC: Big tech faces antitrust crackdown from House Judiciary

While no companies are named, any investigation will inevitably touch on Amazon, Facebook, Google and Apple.

Congress will be taking a close look at the power of big tech.

The House Judiciary Committee announced Monday that it will hold a series of hearings as part of a bipartisan investigation into whether there is enough competition among U.S. technology companies.

While no companies were named, any investigation will inevitably touch on Amazon, Facebook, Google and Apple, all of which have come under increased scrutiny in recent years for their dominance in a variety of markets including social networking, online advertising, online search, e-commerce and mobile apps.

Read more ....

More News On Amazon, Facebook, Google And Apple To Be Probed By Congress

House Judiciary launches antitrust investigation into tech giants -- The Hill
The government is threatening big tech — and the market just took notice -- CNBC
U.S. probe of Google's online ad dominance would appease long suffering rivals, publishers -- Reuters
House Judiciary Committee launches 'top-to-bottom' antitrust probe of big tech -- CNN

Sunday, June 2, 2019

Google And Amazon Facing Anti-Trust Probe From The U.S. Government

WNU Editor: The story first broke out on Friday that Google was facing an anti-trust probe .... U.S. Justice Department prepares Google antitrust probe: sources (Reuters). More here .... Trump Declares War On Silicon Valley: DoJ Launches Google Anti-Monopoly Probe (Zero Hedge). News that Amazon was under the spotlight was announced on Saturday .... Amazon could face heightened antitrust scrutiny under a new agreement between US regulators (SFGate/Washington Post). What's my take. These companies should be afraid .... Google Should Be Afraid. Very Afraid (Shira Ovide, Bloomberg).