US Justice Department is imminently preparing a Google antitrust investigation

Google may soon face an antitrust investigation from the US Department of Justice pertaining to its search business and potentially other aspects of the company’s sprawling software and services empire, according to a late Friday evening report from The Wall Street Journal. The DOJ is said to have spent the past few weeks preparing for the probe, which could be a broad evaluation of the company for antitrust violations across its entire business.

Citing anonymous sources, the WSJ says the Federal Trade Commission will defer to the DOJ here, following an FTC case against the company in 2011 related to the placement of tracking cookies in Apple’s Safari browser. That case was resolved a year later with a $22.5 million civil penalty...

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In the pandemic economy, tech companies are raking it in

Illustration by Alex Castro / The Verge From a pure entertainment perspective, I am genuinely sorry that the House’s antitrust hearing targeting the big four tech companies — Amazon, Apple, Facebook and Google — took place Wednesday instead of next week. Because literally a day after a meeting attempting to determine if Big Tech was too big, three of the four companies in the hearing got bigger . (Google’s parent company, Alphabet, had a decline in revenue of about 2 percent, mostly due to a decline in search ads — but this was still better than analysts predicted .) None of these companies wanted their earnings numbers read aloud to them before questioning began The hearing was about how tech companies have consolidated their power . The coronavirus seems to be making that... Continue reading… from The Verge - All Posts https://bit.ly/33bChoU

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