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TechnologyJustice Department Opens Antitrust Review of Big Tech Companies

01:15  24 july  2019
01:15  24 july  2019 Source:   nytimes.com

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The Justice Department said it would look into concerns about anticompetitive behavior by some of the technology industry’s biggest companies .Credit Anna Moneymaker/The New York Times.

The Justice Department launched an antitrust investigation into tech companies , specifically whether they acted in ways not responsive to consumer The tech industry will be under more scrutiny than ever, as the Department of Justice announced this week that they would be launching a particularly

The Justice Department said on Tuesday that it would start an antitrust review into how powerful internet companies had accumulated market power and whether they had acted to reduce competition, in another threat to the growing power of America’s technology giants.

Justice Department Opens Antitrust Review of Big Tech Companies© Anna Moneymaker/The New York Times The agency said it would look into concerns about anticompetitive behavior by some of the technology industry’s biggest companies.

The Justice Department did not name specific companies in a news release announcing the review, but noted that it would look into concerns about search, social media and some retail services — presumably putting Google, Facebook and Amazon on notice.

Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In

Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In The federal government is stepping up its scrutiny of the world’s biggest tech companies, leaving them vulnerable to new rules and federal lawsuits. 

The U.S. Department of Justice said on Tuesday that it's opening a broad antitrust review of big tech companies , sending shares of Amazon The move is the strongest by Attorney General William Barr towards Big Tech , which faces increased scrutiny from both political parties because of the

The Department of Justice on Tuesday announced it is opening a wide-ranging antitrust review of “market-leading online platforms,” an unprecedented Justice Department officials said they would “seek redress” if in the course of their investigation they find tech companies committed violations of

This latest review comes on the heels of the Justice Department and the Federal Trade Commission splitting up potential antitrust investigations into the three companies and Apple.

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Google and Facebook declined to comment. Amazon did not immediately respond to a request for comment.

Apple referred to comments made by Tim Cook, the company’s chief executive, in a recent television interview.

“I think we should be scrutinized,” Mr. Cook said. “But if you look at any kind of measure about ‘is Apple a monopoly or not,’ I don’t think anybody reasonable is going to come to the conclusion that Apple’s a monopoly.”

This is a developing story and will be updated.

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As one of TV’s most popular shows of the past 20 years, “The Big Bang Theory” was sure to command a huge price when the streaming rights were finally shopped in a red-hot market for iconic comedies with large libraries. But “Big Bang Theory” wasn’t shopped widely on the open market before the streaming pact with HBO Max and the four-year cable extension with TBS was announced early Tuesday morning. The reason is because of a provision in the original megabucks syndication deal that TBS set with “Big Bang” back in 2010. Even 10 years ago, that agreement anticipated that streaming services could compete with cable channels for rerun rights.

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