Saturday, June 08, 2019

BUSINESS_ Tech Giants Google, Facebook and Amazon Intensify Antitrust Debate

THE WALL STREET JOURNAL


BUSINESS






Tech Giants Google, Facebook and Amazon Intensify Antitrust Debate

The backlash against Silicon Valley comes amid a broader movement to rethink antitrust in general and marks the scrambling of the old left-right divide over government intervention in the market


By Jacob M. Schlesinger, Brent Kendall and John D. McKinnon June 8, 2019 12:01 a.m. ET


Across the ideological spectrum, the calls are growing louder: Washington must do more to rein in big business.

A mounting backlash against technology giants—especially Facebook Inc. andAlphabet Inc.’s Google—has provided the spark to a movement that threatens to raze the four-decade-long Washington consensus to defer to markets in setting boundaries for corporate competition. Lawmakers, academics and activists are engaged in a raucous debate over how best to address concerns that corporate giants, whether in tech or other...

READ MORE: https://www.wsj.com/articles/tech-giants-google-facebook-and-amazon-intensify-antitrust-debate-11559966461



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