and addressed his own history with an antitrust investigation.
"Certainly the scrutiny is important. These companies are shaping communications, commerce — and the politicians have to think of, 'OK, what are the rules there?'" Gates said, according to CNBC. "I think it's kind of unfortunate that they're grouping the companies together, because there are so many different issues."
Gates noted how Amazon, Apple, Facebook, and Google operate in varying industries and each face their own set of concerns around issues like social media or ecommerce, CNBC reported. Gates' comments came prior to the news that the Department of Justice was planning toalleging the search giant puts smaller companies at a disadvantage using a network of exclusionary business deals.
But Gates also said that executives at the major tech companies, in particular Amazon CEO Jeff Bezos, have taken a different approach to dealing with regulators than he did in Microsoft's early years."I think the main mistake I made, which was not realizing how important it would be to develop relationships in Washington, be engaged there," Gates said, according to CNBC. "These companies are not making the same mistake that I made. They have lots of people.
He added: "They may even be making some other mistakes. But everybody saw what I did and knows better now."in a four-hour hearing where he argued that the government couldn't restrict innovation and that Microsoft was leading the charge in making the US more high-tech. , alleging it had violated the Sherman Antitrust Act, an 1890 law prohibiting behavior that attempts to monopolize a market.
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