Department of Justice will investigate Google, Facebook, Amazon or Apple, among others, to verify if they are a monopoly
The United States Department of Justice will investigate companies such as Google, Apple, Facebook or Amazon, for monopoly and anti-competitive practices.
The Trump administration lately has been attacking companies outside the United States. A few days ago the multi-million dollar fine of $ 5 billion on Facebook. Now the US Department of Justice has opened a new investigation against Google, Apple, Facebook and Amazon. It seeks to determine if these four companies exercise a monopoly in their segments, preventing competition.
Everything indicates that Google and Facebook could be accused of monopoly, especially the former, because it has no competition. Amazon is already more difficult, since although it is titanic, there are other big stores that compete, more or less. What does not quite square is Apple, since it is losing market share in smartphones and PCs, too.
The United States investigates whether Google, Apple, Amazon and Facebook are monopolies
According to the United States Department of Justice: “We are reviewing how technology companies have gained market power and if they have engaged in practices that harm competition, impede innovation or harm consumers.
This investigation will surely last a long time and the companies mentioned will be widely scrutinized. There are also other firms in the technology sector, trying to find out if they are monopolies or oligopolies. It seeks to identify if they negatively affect the free market and competition.
It should be noted that the official statement does not mention any specific company. Said information have been contributed by CNBC. The statement simply seeks to investigate the dominant companies on the Internet, especially in the fields of Internet search engines, social networks, development of operating systems and others.
Interesting information, which we hope will be expanded a bit to other segments. It would be nice if someone investigated the DRAM and NAND Flash memory market, to see if there is price and market manipulation.
