By John Eggerton, Broadcasting & Cable Online, 7-23-19
The Justice Department has made it official: It is investigating the business practices of Big Tech, which it signaled Tuesday (July 23) may be harming consumers.
President Donald Trump has signaled such a review could be in the offing.
The Antitrust Division, headed by Makan Delrahim, said it is even now reviewing “whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers.”
The wide-ranging investigation will include search, social media and some online retail, which means Google, Facebook, Twitter, and Amazon are almost certainly in that conversation.
The division will confer with the public and industry participants. » Read More