Justice Department is opening new antitrust investigation into big tech firms

LifeStyle News

The Justice Department has recently announce that it is opening a new antitrust investigation into large tech firms like Facebook, Amazon, and Google etc.

The Assistant Attorney General of the Antitrust Division Makan Delrahim said: “Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands. The Department’s antitrust review will explore these important issues.”

The investigation will reportedly address broad concerns over whether Big Tech is stifling competition, and will be separate from the department’s probes of Google and Apple that were reported earlier this summer and are intended to take a closer look at individual potential violations.

The review reported today will look into search engines, social media platforms, and retail, but not focus on any individual company or practice.

In a press release, the Justice Department said “the review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online.”

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