Technology: DOJ is working with states on antitrust investigations of tech companies - - PressFrom - US
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TechnologyDOJ is working with states on antitrust investigations of tech companies

22:35  20 august  2019
22:35  20 august  2019 Source:   engadget.com

Justice Department Opens Antitrust Review of Big Tech Companies

Justice Department Opens Antitrust Review of Big Tech Companies 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. 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.

The Justice Department's antitrust leader doesn't see big tech as inherently bad, but he's still content to investigate potential wrongdoing. Division chief Makan Delrahim told guests at a Colorado tech policy conference that the DOJ was working with state attorneys general on investigations of the market influence of tech companies. He added that he didn't think the laws had to change "at this time" to pursue any possible cases, arguing that current laws were "quite flexible" and allowed "timely and aggressive enforcement."

DOJ is working with states on antitrust investigations of tech companies

The statement came weeks after the DOJ launched a sweeping review of competition in tech, and mere hours after Wall Street Journal sources claimed a group of states were pursuing a joint antitrust investigation of their own. It's not certain if these particular campaigns will be linked, but it wouldn't be surprising if there was cooperation.

State attorneys general will reportedly kick off antitrust investigation into tech giants

State attorneys general will reportedly kick off antitrust investigation into tech giants A group of states will add its voices to the DOJ and FTC reviews into big tech companies, a report says.

The DOJ's strategy is fairly clear, at least. Delrahim said his team was examining not just effects on pricing, but also innovation and quality. Officials will want to see if heavyweights like Amazon, Apple, Facebook and Google are making it unnecessarily difficult for bolder rivals to get off the ground. Although there's no guarantee the DOJ will take action, the mere threat of it places tremendous pressure on the tech world to change its ways. There are already signs that companies like Apple are prepared to change their ways if they can escape legal trouble.

Reuters
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