Top prosecutors from a group of US states are readying a joint investigation into whether major technology firms have violated antitrust law, the Wall Street Journal reported Monday.
The alliance of state attorneys general could formally announce next month that they are delving into whether leading internet firms and technology platforms have used their clout to thwart competition, the Journal reported, citing unnamed people familiar with the matter.
The US Department of Justice last month announced it is reviewing “whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers.”
Lawmakers and activists have raised concerns about the growing dominance of online giants such as Google, Facebook and Amazon in key segments of the digital economy.
Once seen as the darlings of Washington, Silicon Valley firms have become targets for politicians of all stripes. US regulators recently imposed a record $5 billion fine on Facebook for lapses in privacy and data protection, including the leaking of private data for political consultancy Cambridge Analytica.
Tech firms and their backers deny monopolistic conduct and argue the fast-evolving digital economy has robust competition and has led to lower prices and more choice for consumers.
Tapper smacks Mnuchin with Trump kids’ international business deals after attack on Biden son
In a fairly contentious interview with Steve Mnuchin, CNN host Jake Tapper pointed out how Donald Trump's children -- Don Jr., Ivanka and Eric -- have been using their father's name to swing international deals after the Treasury secretary accused former Vice President Joe Biden's son of doing the same.
Mnuchin first dismissed reporting by the Washington Post and the conservative Wall Street Journal that Donald Trump was withholding Ukraine funding in an effort to get dirt on Biden and his son -- saying neither newspaper could be trusted -- he then complained to the CNN host about having to spend seven and a half minutes talking about Trump's Ukraine scandal.
‘You never cover this’: Giuliani has fresh meltdown on Fox News over Biden’s ‘drug addict’ son
President Donald Trump's attorney, Rudy Giuliani, went on a conspiratorial rant on Sunday involving Joe Biden's son and billionaire George Soros.
During an appearance on FOX News Sunday, Biden tried to smear Hunter Biden as a corrupt "drug addict" was doing illegal business in the Ukraine.
According to the president's attorney, Biden tried to cover up his son's business dealings in a conspiracy that involves Soros.
Guest host John Roberts asked Giuliani if it was "appropriate" for him to try have to the Bidens investigated.
"This began with someone saying, this information can clear your client," Giuliani opined. "The corruption in Ukraine about the corruption in Ukraine between the Ukraine and the Democratic Party, the ambassador and the FBI agent who investigated."
Will Trump peacefully vacate the Oval Office if he loses the presidential election in 2020? A lesson from 1800
As primary season heats up in the United States, the Democrats are anxiously debating the best path to unseat Donald Trump in 2020. But the question of how to beat Trump is perhaps less urgent than the issue of whether he will accept defeat.
Trump has already questioned his loss of the 2016 popular vote with baseless accusations of voter fraud. He has also repeatedly toyed with the idea of extending his presidency beyond the eight-year limit enshrined in the U.S. Constitution, even trumpeting Jerry Falwell Jr.’s assertion that his first term be extended by two years to compensate for the Russia investigation. Perhaps most ominously, Trump’s former lawyer Michael Cohen warned while testifying before the House Oversight Committee in February 2019: