Categories: USA

US to probe Technology giants’ power

The technology giants need to be wary as the US Justice Department has announced that they will investigate the leading platforms. They will examine whether they are unfairly restricting the competition. The Department of Justice has not named any companies they will investigate but top firms like Facebook, Google, Amazon, and Apple will likely be scrutinized.

The DoJ has said that the investigation is sparked by “widespread concerns” about “search, social media, and some retail services online.” This scrutiny will be the latest tech firms’ power over the US economy. The Department of Justice is too powerful that they can investigate any firm suspected of breaching competition laws. They can even break up the top companies that they think are too powerful.

Department of Justice is not alone in this venture as the US Federal Trade Commission is already looking into similar concerns, while the European Union are investigating on their behalf as well. It was reported last month that the Justice Department is preparing an investigation of Google. The suspicions are they Google had broken anti-trust law.

The US Department of Justice has said that the anti-trust review would consider “whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation or otherwise harmed consumers”. The main issues that they will investigate are how the big tech firms were able to grow so much in size, power, and expanding their additional businesses.

Assistant Attorney General Makan Delrahim, who heads the Anti-trust Division, said in a statement that, “Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands.” They have not named the companies under investigation but it is assumed that Apple, Amazon, Facebook, and Google will be the hot targets.

Adyson Sipes

Staff writer for the Chicago Morning Star

Recent Posts

Chicago Fire FC II Earns MLS NEXT Pro Honors Again

Chicago Fire FC II has been named the MLS NEXT Pro Team of Matchweek 16, following strong performances that extended…

9 hours ago

Record July 4 Travel Expected Across U.S. in 2025

This Fourth of July holiday is set to be the busiest on record, with an estimated 72.2 million Americans expected…

10 hours ago

UPenn Ends Trans Participation in Women’s Sports

The University of Pennsylvania has resolved with the U.S. Department of Education (DOE), agreeing to prohibit biological males who identify…

11 hours ago

Chicago Lawn Sees $5.1M Street Reconstruction Begin

A major infrastructure improvement has begun in the Chicago Lawn neighborhood, where the Chicago Department of Transportation (CDOT) and the…

1 day ago

Zinckernagel Earns Spot in MLS Team of the Matchday

Chicago Fire FC winger Philip Zinckernagel has been named to the MLS Team of the Matchday for Matchday 21 following…

2 days ago

Critics Link 5,200 Job Losses to Chicago Wage Law

More than 5,200 jobs have been lost and over 100 restaurants have closed in Chicago since the city began phasing…

2 days ago