Investigators face hurdles in building antitrust case against Big Tech [Toronto Globe and Mail (Ontario, Canada)]
Intel Corporation (INTC)
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Source: Toronto Globe and Mail
Investigators face hurdles in building antitrust case against Big Tech Silicon Valley will be back under the microscope this week, with U.S. senators examining whether Big Tech’s penchant for swallowing up smaller competitors has stifled innovation. Tuesday’s U.S. Senate judiciary committee hearing into mergers and acquisitions by tech firms is the latest move in an intensifying political backlash against Silicon Valley that threatens to upend an industry that, until recently, has largely been able to write its own rules. Earlier this month, dozens of state attorneys-general announced investigations into the growing power of Facebook Inc. and Alphabet Inc.’s Google. The Trump administration – through both the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) – has launched its own probes of the tech industry, while Congress is scrutinizing a wide array of Silicon Valley practices through parallel inquiries in the House of Representatives and the Senate. Story con
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