Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In

Antitrust Troubles Snowball for Tech Giants as Lawmakers Join In

WASHINGTON — The federal government is stepping up its scrutiny of the world’s biggest tech companies, as regulators divvy up oversight of the Silicon Valley giants and lawmakers move to investigate whether they have stifled competition. Lawmakers in the House said on Monday that they were looking into concerns that could lead to the first overhaul of antitrust rules in decades, in a push to keep pace with a rapidly changing industry. The focus on antitrust, long relegated to academic debates and industry griping, has now entered the political world, leaving the tech giants potentially vulnerable to new regulations and federal lawsuits.

Source: www.nytimes.com