Thursday, July 25, 2019

DOJ says it will take a broad antitrust look at Big Tech; stocks dip

DOJ says it will take a broad antitrust look at Big Tech; stocks dip
  • The DOJ is launching a broad examination into big tech companies over fresh anti-competitive concerns.
  • It’s the strongest move toward the tech industry by Attorney General William Barr, whose growing interest in the sector could deepen regulatory pressure.
  • Shares of Amazon, Facebook and Alphabet fell.
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