The House and federal agencies pursue investigations that have the industry on edge.
Topline
: The walls are closing in on Big Tech. As the big four—Google, Facebook, Amazon and Apple—grow in size, revenue and prominence, lawmakers and federal investigators are beginning to ask if these companies have made too many acquisitions, unfairly block out smaller companies in favor of their own services, and ultimately harm consumers.The House of Representatives is launching a sweeping investigation into Google, Facebook, Amazon and Apple.
Separately, federal agencies are taking the first step in their own possible antitrust probes, with the Justice Department claiming jurisdiction over Google and Apple and the Federal Trade Commission handling Amazon and Facebook. No official investigations have begun yet.Specifics on what aspects of Apple’s business are under scrutiny for antitrust are mostly speculatory, as no statement has been issued by either the DOJ or the company.
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