Justice Dept. ratchets up antitrust scrutiny of Big Tech
(Worthy News) – The U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.
It said the probe will take into account “widespread concerns” about social media, search engines and online retail services. Its antitrust division is seeking information from the public, including those in the tech industry.
“Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands,” Makan Delrahim, the department’s chief antitrust officer, said in a statement. “The Department’s antitrust review will explore these important issues.” [ Source: AP (Read More…) ]
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