Large US technology companies are facing five separate federal and state investigations into their corporate power, leaving many in Silicon Valley to wonder: If they are to be broken up, who will wield the axe? In the past year, the Department of Justice, the Federal Trade Commission, Congress and dozens of state attorneys-general have opened probes into whether Google, Facebook, Amazon and others have unfairly suppressed competition, and harmed consumers in the process. It is, say some experts, the start of a great rethinking of US antitrust rules which could change big tech, and corporate America, forever. Read More...
Large US technology companies are facing five separate federal and state investigations into their corporate power, leaving many in Silicon Valley to wonder: If they are to be broken up, who will wield the axe? In the past year, the Department of Justice, the Federal Trade Commission, Congress and dozens of state attorneys-general have opened probes into whether Google, Facebook, Amazon and others have unfairly suppressed competition, and harmed consumers in the process. It is, say some experts, the start of a great rethinking of US antitrust rules which could change big tech, and corporate America, forever.
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