August 11, 2022
Department of Justice Announces Antitrust Review of Major Tech Companies

Department of Justice Announces Antitrust Review of Major Tech Companies

Posted July 24, 2019 at 12:51am by iClarified · 6753 views
The U.S. Department of Justice has announced that it will review how major online platforms have achieved market power and whether they are engaging in practices that reduce competition, stifle innovation or harm consumers.

The Department’s review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online. The Department’s Antitrust Division is conferring with and seeking information from the public, including industry participants who have direct insight into competition in online platforms, as well as others.

“Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands,” said Assistant Attorney General Makan Delrahim of the Antitrust Division. “The Department’s antitrust review will explore these important issues.”

The DOJ says its goal is to assess the competitive conditions in the online marketplace in an objective and fair-minded manner and to ensure Americans have access to free markets in which companies compete on the merits to provide services that users want. If violations of law are identified, the Department will proceed appropriately to seek redress.

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Department of Justice Announces Antitrust Review of Major Tech Companies
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