Big Tech stocks barely flinched one day after members of Congress recommended parts of their underlying companies be broken up, but investors should be ready to buy if the stocks dip in the future, CNBC's Jim Cramer said Wednesday.
" host said. "Regardless of who wins the White House next month, they're not gonna roll back 40 years of antitrust."out Tuesday that called for updates to the nation's antitrust laws and to shake up operations of the largest U.S. technology corporations. The report charges Apple, Amazon, Facebook and Alphabet subsidiary Google with having monopoly power.
The findings come out of a 16-month investigation, led by the House Judiciary subcommittee on antitrust, into the companies' competitive practices. Its authors call for imposing structural separations and preventing the firms from giving preferential treatment on their platforms to their own services.
MadMoneyOnCNBC jimcramer What negative antitrust news, Democrats can’t wait to blow up big tech. Anyone heard otherwise?
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