Antitrust crackdown could come soon

After hours of grilling top tech executives in a historic antitrust hearing on Wednesday, US lawmakers suggested unprecedented antitrust enforcement might be on the horizon.

1) Criticisms of Amazon focused primarily on third-party sellers on the online retail platform. 

2) McBath  questioned Apple over allegations the company has removed competitors’ apps from its App Store. Apple’s CEO, Tim Cook, denied the allegation.

3) Sundar Pichai of Google was targeted with questions about the company’s advertising methods, data practices and use of other companies’ content for its own pages.

4)Much of the questioning of Mark Zuckerberg focused on Facebook’s history of acquiring or copying main features of competitor platforms. Jerry Nadler argued in questioning that Facebook’s acquisition of Instagram had all the hallmarks of an antitrust violation. Evidences suggested that the Instagram co-founder Kevin Systrom felt he had no option but to sell his platform to Facebook.

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Update By – Yashika 

News source – The Guardian