Big tech faces antitrust crackdown from House Judiciary

  • Source: NBC News
  • by:
Congress will be taking a close look at the power of big tech.

The House Judiciary Committee announced Monday that it will hold a series of hearings as part of a bipartisan investigation into whether there is enough competition among U.S. technology companies.

While no companies were named, any investigation will inevitably touch on Amazon, Facebook, Google and Apple, all of which have come under increased scrutiny in recent years for their dominance in a variety of markets including social networking, online advertising, online search, e-commerce and mobile apps.

"A small number of dominant, unregulated platforms have extraordinary power over commerce, communication, and information online," the Judiciary Committee noted in a news release that included the names of both Democratic and Republican members. "Based on investigative reporting and oversight by international policymakers and enforcers, there are concerns that these platforms have the incentive and ability to harm the competitive process."
Source: NBC News
by is licensed under
Thumbnail Photo Credit: by is licensed under

Gun Dynamics® in the Media

Nasdaq
US News & World Report
NRATV
Fox Business
reuters
AAN
guns.com
NYT
Newsmax
GUN WORLD
yahoo
compuserve
bitcoinlove
The Gun Feed
Forextv
baltimore post
investing.com
peoples trust toronto
presscorp
Trumptrain
srn news
dailyworld
wallstreet reporter
rocketnews
wgmd
techjollof
usweekly