Google, Facebook, Amazon and Apple could soon face antitrust investigations from the Trump Administration and Congress.
Nobody knows the real intentions of the Government behind this move, but they claim that these companies have way too much power and in some cases, have monopoly, but there’s more to it.
Donald Trump, talking to Axios on HBO said: “I leave it to others, but I do have a lot of people talking about monopoly when they mention those three [Facebook, Amazon, and Google] in particular.”
Government Doesn’t Understand Tech..
The government just can’t understand technology, and that’s really dangerous for America.
We all saw what happened when Facebook’s CEO Mark Zuckerberg testified to congress, ignorant people asking wrong questions and old people trying to understand tech.
It’s the reason you’re “Googling” and not “Binging” things, competition on the internet just can’t work that way, because of the need of everybody to access all information.
Many think that the attack towards these tech companies are part of politic games and can be dangerous for our countries, as companies like Google are very popular worldwide, and breaking it down could give opportunity to foreign powers to exploit that in their own favor.
There are investigations that are on-going, BBC wrote:”US President Donald Trump has called for closer scrutiny of Google and social media firms, accusing them of suppressing conservative voices. He has also criticised Amazon for taking advantage of the US Postal Service.
The FTC is already investigating Facebook over the Cambridge Analytica scandal with the social network bracing itself for fines of up to $5bn (£3.9bn).
Google has also been scrutinised by the FTC and was fined 1.5bn euros (£1.3bn) in March for abusing its dominant position in online search advertising.
Apple is also the subject of an EU investigation following a complaint from streaming music provider Spotify that it abuses its power over app downloads.”