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[size=30]America is moving to investigate giant technology companies on antitrust[/size]
By ahad5 04/06/2019 03:18 AM | Number of readings: 603
[rtl]The US government is preparing to investigate the huge market power enjoyed by Amazon, Apple, Facebook and Google, while it may be an unprecedented large-scale investigation with some of the world's largest companies.[/rtl]
[rtl]Two sources said that the Federal Trade Commission and the US Department of Justice, which apply antitrust laws in the United States, shared control over the four companies, where Amazon and Facebook are under the control of the Trade Commission, while Apple and Google are under the supervision of the Ministry of Justice.[/rtl]
[rtl]Technology companies are facing backlash in the United States and around the world. Some believe that these companies have too much influence and have a detrimental effect on users or competitive markets..[/rtl]
[rtl]WASHINGTON (Reuters) - US President Donald Trump has called for tougher scrutiny of social networking firms and Google, accusing it of blocking conservative Internet votes without providing a single clue. He has repeatedly criticized Amazon for exploiting the US Postal Service, without any evidence as well.[/rtl]
[rtl]Shares in Facebook and Google's parent-owned automaker fell more than 6 percent each on Monday. Amazon.com fell 4.5 percent, while Apple fell 1 percent. Finished[/rtl]
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