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