Factbox: Big Tech's market dominance spurs numerous U.S. antitrust probes

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The four Big Tech companies -- Alphabet's Google , Amazon , Apple and Facebook -- face an array of antitrust investigations at the federal and state level which were revealed in mid-2019.

-- face an array of antitrust investigations at the federal and state level which were revealed in mid-2019.

While Democrats may be viewed as tougher on antitrust regulation, traditional Republican concerns about regulatory overreach appear to be overridden by anger over allegations that Big Tech tries to stifle conservative voices.Justice Department on Google: The U.S. Justice Department is expected to file a relatively narrow complaint within two weeks, which accuses Google of seeking to disadvantage rivals in search and in lucrative search advertising.

Justice Department on Facebook and Amazon: In July 2019, the Justice Department said that it was expanding its Big Tech probes to include “search, social media, and some retail services online” -- an apparent reference to Facebook and Amazon as well. Federal Trade Commission on Amazon: In its probe of Amazon, the FTC is likely looking at the inherent conflict of interest of Amazon competing with small sellers on its marketplace platform, including allegations that it used information from sellers on its platform to decide what products it would introduce.

 

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Where's Microsoft? OMG! Your Bill Gates....

/3 investigating the accusations. Very unprofessional journalism. Hence questioning the validity of the iPhone, the USA values? Journalism? I will do my research on cell phones. Cancel culture! I may cancel iPhone cukturev

/2 money at my expense. So is the iPhone really worth tge $$ or am I filling up in esters pickets? What Steve Jobs wife did with oyblidhing in her Atlantis about the president of USA saying he called the army losers and suckers is despicabl. P-e disrespectful without in/3

I’ve been an Apple user since tgeir 3G phones. I’m getting ready to upgrade from 5S to either 10 or 11. I hesitate for a couple of reasons. Their involvement with CCP, raising cost of iPhone to satisfy shareholders who gambled tgeir money on their investments an refuse to lose/2

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Big Tech stocks are buys on any negative antitrust news, Jim Cramer says'The time these Big Tech stocks get hit by some bad headlines from the House Judiciary Committee is the time you have to buy them,' the 'Mad Money' host said of Facebook, Alphabet, Apple and Amazon. MadMoneyOnCNBC jimcramer What negative antitrust news, Democrats can’t wait to blow up big tech. Anyone heard otherwise?
Source: CNBC - 🏆 12. / 72 Read more »