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Topline
As Washington continues to scrutinize Big Tech, the House Judiciary Antitrust Subcommittee on Tuesday released a long-awaited investigation into Amazon, Apple, Google and Facebook, recommending that Congress take aggressive action and pursue breaking up “certain dominant platforms.”
Commercial and Administrative Law House Subcommittee Chairman Rep. David Cicilline (D-RI) speaks … [+]
Key Facts
The report says that Congress should “consider legislation that draws on two mainstay tools of the antimonopoly toolkit: structural separation and line of business restrictions.”
The subcommittee investigation, led by Democrats, involved more than a million documents, submissions from 60 antitrust experts and a hearing with the CEOs of Amazon, Apple, Google and Facebook.
The report won’t result in fines or other legal consequences, and it is up to Congress to ultimately take up the recommendations of the subcommittee.
This is a developing story.
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