Amazon. Apple. Facebook. Google. Microsoft. Which one of these companies is different than the others?
If you answered Microsoft, you’re right.
Microsoft has managed to stay out of the U.S. government’s crosshairs, while Amazon, Apple, Facebook and Google are squarely in it. For a year, the Department of Justice (DOJ) has been looking into whether those companies violated anti-trust laws by using their market dominance to illegally reduce competition. More recently, Congress, which has often been loath to criticize Big Tech, pulled in Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai for a tongue lashing. The hearings by the House Judiciary Committee’s antitrust subcommittee were brutal – and likely a forerunner of legislation to come that will curb those companies’ power.
To read this article in full, please click here
(Insider Story)
Source link