Tuesday, June 04, 2019

Facebook, Google and other tech giants to face antitrust investigation by House lawmakers | Washington Post

Also see US antitrust enforcement is coming back from the dead | The Verge
"House lawmakers plan a sweeping review of Facebook, Google and other technology giants to determine if they’ve become so large and powerful that they stifle competition and harm consumers, marking a new, unprecedented antitrust threat for an industry that’s increasingly under siege by Congress, the White House and 2020 presidential candidates.

The probe, announced Monday by Rep. David Cicilline (R.I.), the leader of the House’s top anti-trust subcommittee, is expected to be far reaching and comes at a moment when Democrats and Republicans find themselves in rare alignment on the idea that the tech industry has been too unregulated for too long. The sentiment spurred a sharp sell-off in tech stocks to start the week."
Facebook, Google and other tech giants to face antitrust investigation by House lawmakers | Washington Post

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