Probe will likely scrutinize Google, Facebook, Apple and Amazon.
Tuesday, lobbing another threat against companies—likely Google, Facebook, Apple and Amazon—which already are contending with, among them, separate antitrust probes from Congress and the Federal Trade Commission.
The Justice Department did not say specifically what companies are being investigated, but referred to “search, social media, and some retail services online,” which most likely points to Google, Facebook, Apple and Amazon. The review will take into account “widespread concerns” from consumers, businesses, and entrepreneurs about the power and dominance of Big Tech.
The point of the review is to “assess” the competitive conditions in the market, but the DOJ said it will “seek redress” if it finds any violations of antitrust law.. “Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands,” said Assistant Attorney General Makan Delrahim in a statement. “The Department’s antitrust review will explore these important issues.”: Last month, the DOJ and FTC reportedly decided which agency was going to investigate each of the largest tech companies, with the DOJ getting Google and Apple and the FTC getting Facebook and Amazon.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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.
Consulte Mais informação »
Justice Department launching broad antitrust review of Big TechThe Justice Department is launching a formal antitrust investigation of the nation's biggest tech companies, raising the stakes for Silicon Valley after weeks of anticipation in Washington.
Consulte Mais informação »
Justice Department Opens Antitrust Review of Major Tech CompaniesThe probe comes as a growing number of lawmakers have called for stricter regulation or even breaking up of the big tech companies, which have come under intense scrutiny following a series of scandals that compromised users' privacy.
Consulte Mais informação »
DOJ reportedly to open broad antitrust review of Big Tech; tech stocks dipThe IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.
Consulte Mais informação »
Tech Giants Go Under Antitrust Microscope In Department Of Justice ReviewMakan Delrahim, the Donald Trump appointee at the U.S. Department of Justice, who heads the antitrust division and led the lawsuit seeking to block AT&T’s Time Warner acquisition, has a new target: tech giants
Consulte Mais informação »