Antitrust, State Attorney General, Makan Delrahim, Big Tech

Antitrust, State Attorney General

US Justice Department teams up with states on probe of Big Tech firms

US Justice Department teams up with states on probe of Big Tech firms


US Justice Department teams up with states on probe of Big Tech firms

The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation ...

Delrahim said at a tech conference in Colorado the government is looking at previously approved acquisitions as part of a broad antitrust review announced in July of major tech firms with significant market power.

"Those are some of the questions that are being raised ... whether those were nascent competitors that may or may not have been wise to approve," Delrahim said."Whether the intention of the incumbent was to purchase some of those competitors, I don’t know. I’m not privy to the facts of each of those investigations."

More than a dozen states are expected to announce in the coming weeks they are launching a formal probe, a person briefed on the matter told Reuters.

"I think it’s safe to say more than a dozen or so state attorneys general that have expressed an interest in the subject matter," Delrahim said.

The New York Attorney General's office said on Monday it is continuing to"engage in bipartisan conversations about the unchecked power of large tech companies." North Carolina's attorney general, Josh Stein, is also"participating in bipartisan conversations about this issue," his office said.

The department is looking not only at price effects, but also innovation and quality, and the next steps in its broad antitrust review would be seeking documents and other information and could include some compulsory requests, Delrahim said.

(Reporting by Katie Paul in Colorado, David Shepardson in Washington and Supantha Mukherjee in Bengaluru; Editing by Patrick Graham and Matthew Lewis)

Read more: CNA

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