Big Tech Buyout Fantasies May Be on Hold - News Summed Up

Big Tech Buyout Fantasies May Be on Hold


While much remains uncertain about the federal government’s ambitious case against big tech, at least one outcome seems highly likely: Tech giants won’t be able to buy their way to growth anytime soon. Late Tuesday saw the release of the much-awaited report from the Democratic staff of the House Antitrust Subcommittee following a 16-month investigation into Apple Inc., Amazon.com, Facebook and Alphabet Inc.’s Google. As expected, the 449-page report was highly critical of the market power amassed by the four tech giants whose...


Source: Wall Street Journal October 08, 2020 10:33 UTC



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