Big Tech's goodwill tour won't carry weight in antitrust probes, experts say [CNBC]
Meta Platforms, Inc. - Class A (FB)
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Source: CNBC
Makan Delrahim, U.S. assistant attorney general for the antitrust division (l) and Joe Simon, Chairman of the FTC.Getty ImagesNew work from home set-ups and a goodwill tour by the Big Tech companies are unlikely to soften the nation's top antitrust agencies on the industry, legal experts say.Up until recently,FacebookGoogleAmazonAppleBut as the coronavirus pandemic shut down business as usual, tech companies gained a chance to win back some goodwill. The companies havedonated millions of dollarsdonated their stockpiles of personal protective equipmentOn face value, it doesn't seem like the best time to propose a break-up or some other antitrust remedy. But experts say the investigations that have already been set in motion are unlikely to change much during the ensuing crisis.The Department of Justice and the Federal Trade Division have both signaled they are continuing to seriously investigate companies in their purview. The most prominent tech investigations on the federal level inv
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