Federal and state officials are probing whether tech giants abused their power in the internet economy—Google to dominate search and advertising, and Facebook to dominate social media
Big Tech’s legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file as many as four more cases targeting the tech giants by the end of January.
Nov. 30, 2020 8:16 am ETWASHINGTON—Big Tech’s legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file new lawsuits against Facebook Inc. and Alphabet Inc.’s Google, people familiar with the matter said.
The authorities are readying as many as four more cases targeting Google or Facebook by the end of January, these people said, following the Justice Department’s antitrust lawsuit against Google last month. Read more: The Wall Street Journal »
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eyewonit Duh? anjiecast Pareto is law. Europe has done a lot of work. US officials and Congress could build on it if it wanted. Dumb officials if they actually need to probe to get the answer to this questions. Everyone is quite aware that they did. Time to ban the BigTechMafia to work in Vietnam There used to be rules enforced against monopolies in the USA. Not any more. Facebook isn't even good ... it's garbage, but it's where every suburban Karen is.
No longer in the favor of the elite, it's not surprising that Corps welcome regulations to get back into their good graces (stomping out competition too). Ironically, the govt will turn them into more powerful monopolies than before the 'Antitrust' bs. You can’t trust Mark F*ckerberg, this is a guy that stole the Winklevoss twins idea and created Facebook, then screwed over is buddy with Facebook. Now he is trying to make Libra, the crypto currency, so that it’s a World Digital asset used by billions of people. Too much power!
Of course they abused their power - it is ACTIVE, CALCULATED CENSORSHIP and BIASED POLITICAL INFLUENCE. Also, they collude with each other in numerous ways that must be investigated 😳 Whether? They learned everything about us and sold it. They should be in jail. Establishment Cowards! They should go ahead and declare themselves Kings of the world and lets get the 'faithful process' of destroying their will underway.
Can We agree this is the Liveliest Image of Mark Zuckerberg to Date? When we take a look at who benefited from covid, the lefties and CCP would be on top. Covid really changed the US and world politics. It is why the leftists, MSM, and Democrats took this once in a century opportunity to take down Trump.
anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy