DOJ Antitrust Division to Examine Silicon Valley Competition
DOJ’s Antitrust Division is examining potential competition and market power concerns about the tech industry, the department announced Tuesday. It will examine “how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled…
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innovation, or otherwise harmed consumers,” DOJ said. Areas of concern include search, social media and online retailers, suggesting Google, Facebook, Twitter and Amazon could be scrutinized. “Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands,” said Assistant Attorney General Makan Delrahim.