The lawmakers’ report labeled both of those firms as monopolies while faulting the federal government for failing to crack down on them sooner. Amazon responded with a blistering, unsigned blog post, calling House investigators’ proposed antitrust overhaul “flawed” and “fringe” in nature and scope. House lawmakers embarked on their wide-ranging probe of the tech industry in June 2019, responding to a flurry of complaints that Apple, Amazon, Facebook and Google had become too big and powerful. House lawmakers said that the relationship “incentivizes Amazon to exploit its access to competing sellers’ data and information, among other anticompetitive conduct.”ADADInvestigators said they heard from companies that Amazon used “strong-arm” tactics in negotiations. The House report repeatedly faults Apple for amassing anti-competitive “gatekeeper power" over the software that appears on mobile devices.

Source: Washington Post October 06, 2020 20:41 UTC