Wed. Apr 8th, 2020

The US Congress ask the technology for information on possible monopolistic practices



The House of Representatives of the United States asked Friday by letter to the main technology companies in the country to provide information on possible monopolistic practices, on the last front that opens for this issue to giants such as Google, Facebook, Apple and Amazon.

The letters were issued jointly by both the Democratic and Republican leaders of the Judicial Committee of the Lower House to these four companies and they request, among other things, emails and communications between senior executives.

Specifically, lawmakers want to find out if, in order to protect their interests, these firms carried out actions contrary to free competition, something that would directly conflict with the antitrust laws that govern US markets.

In addition to internal communications, Google, Facebook, Apple and Amazon are also required to provide documentation related to their market share, their competitors in the sector and the various acquisitions they have made.

Companies have until October 14 to respond to the requirements of the Chamber.

This is the last investigation that opens against the giants of Silicon Valley for alleged monopolistic practices in the US, after earlier this month the attorney generals of 50 states and territories of the country announced a macro-investigation focused on Google and Facebook.

In parallel, at the federal level, the Department of Justice and the Federal Trade Commission are also investigating for possible violations of the antitrust law to a number of large technology companies, among which everything points to Facebook, Apple, Amazon and Google

Despite seemingly few barriers to entry, the world of technology, and especially the Internet, has seen how in recent decades there were real giants that dominated almost every market segment, something to which the network effects, that is, that users tend to go to platforms that already have greater popularity.

. (tagsToTranslate) Congress (t) USA (t) technology (t) monopolistic information (t)



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