Trump AG pick concerned by Silicon Valley 'behemoths' [Reuters (UK)]
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Source: Reuters
Trump AG pick concerned by Silicon Valley 'behemoths' | Reuters 3 Min Read WASHINGTON (Reuters) - President Donald Trump’s nominee for U.S. attorney general, William Barr, told lawmakers on Tuesday that he would focus attention on the “huge behemoths” in Silicon Valley at the centre of a debate over antitrust enforcement. Barr noted at his confirmation hearing that companies can grow to monopolies without breaking antitrust law. “I don’t think big is necessarily bad,” he told Senator Mike Lee, the top Republican on the Senate Judiciary Committee’s antitrust panel and a frequent critic of Alphabet Inc’s Google. “But I think a lot of people wonder how such huge behemoths that now exist in Silicon Valley have taken shape under the nose of the antitrust enforcers. ... I want to find out more about that dynamic.” Giants such as Facebook Inc and Google have been at the centre of discussions about antitrust because of their high market share and vast troves of data about consumers. Amazon’s
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