The Department of Justice in the US has announced that it is launching an antitrust investigation into big technology companies.
The investigation will look at whether big technology companies like Facebook, Google, Amazon and other stifle competition.
The Department of Justice announced today that the Department’s Antitrust Division is 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 Department’s review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online. The Department’s Antitrust Division is conferring with and seeking information from the public, including industry participants who have direct insight into competition in online platforms, as well as others.
You can find out more information about the investigation into the big technology companies over at the DOJ website at the link below.
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