Similar Stories to States To Launch Antitrust Investigation Into Big Tech Companies, Reports Say on Bing News

Manish Singh, TechCrunch
Tue, 08/20/2019 - 12:05am

The state attorneys in more than a dozen states are preparing to begin an antitrust investigation of the tech giants, the Wall Street Journal and the New York Times reported Monday, putting the spotlight on an industry that is already facing federal scrutiny. The bipartisan group of attorneys from as many as 20 states is expected to formally launch a probe as soon as next month to assess whether tech companies are using their dominant market position to hurt competition, WSJ reported. If true, the move follows the Department of Justice, which last month announced its own antitrust review of how online platforms scaled to their gigantic sizes and whether they are using their power to curb competition and stifle innovation.

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BING NEWS:
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    The DOJ is worried that the overlapping presence of board members across multiple Big Tech companies may create incentives to avoid competition.
    04/23/2024 - 10:44 am | View Link
  • Would-be Chief Economist Accuses Apple of Non-compliance With EU Tech Antitrust Law
    If Apple and others in Big Tech refuse to comply with the EU's Digital Markets Act and face no consequences, the new antitrust law will fail to rein in Big Tech's anticompetitive behavior, said Fiona ...
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  • Congressional panels that slashed DOJ antitrust funds have cozy Big Tech ties: watchdogs
    Congressional appropriators faced sharp criticism from antitrust hawks after a spending package included $45 million cut to the DOJ’s antitrust wing.
    04/16/2024 - 12:23 pm | View Link
  • Republican House panel launches probe into Biden's FTC-DOJ task force on corporate pricing
    The GOP-led House Oversight Committee is launching an investigation into President Joe Biden's newly established task force on corporate-pricing practices, according to a letter obtained by CNBC.
    04/16/2024 - 10:39 am | View Link
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