Silicon Valley in the crosshairs: Google, Facebook, Amazon and Apple face bipartisan onslaught - News Summed Up

Silicon Valley in the crosshairs: Google, Facebook, Amazon and Apple face bipartisan onslaught


In recent days, antitrust investigators at the Federal Trade Commission and the Department of Justice have set their sights on four of the largest players in Silicon Valley: Google, Amazon, Facebook and Apple. Apple would fall under the purview of the Justice Department, which has a history with the Cupertino, Calif. company. The Justice Department found in 2014 that Apple engaged in a conspiracy with five publishers to increase the price of ebooks, ultimately costing the company $450 million. Amazon, Apple, and Google all compete with each other in a vibrant and competitive marketplace." Google, Facebook and Amazon did not comment on the record for this story.


Source: Fox News June 04, 2019 13:53 UTC



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