Stuart Varney: The crown jewels of American business are under attack

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FOX Business' Stuart Varney discusses government's effort to break up Apple, Microsoft, Alphabet, Meta and Amazon because they're too big and powerful.

FTC Commissioner Lina Khan faced tough questioning from Republicans on the House Judiciary Committee, led by Chairman Jim Jordan .

They're so big and powerful that they are stifling competition. Engaging in predatory pricing, exploiting smaller companies. Another cliché is: don't cut off your nose to spite your face. It may feel good to rail against the big bad corporations, but we need these companies, and we need them now.The only companies that have the technical and financial resources are the big five.

 

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