Monday, June 3, 2019

The government is threatening big tech — and the market just took notice - CNBC

The government is threatening big tech — and the market just took notice  CNBC

- The Justice Department has been given jurisdiction over Apple as part of a broad review into potential anti-competitive behavior among big tech companies. - Reports surfaced in recent days suggesting that Alphabet and Amazon will be facing increased regulatory scrutiny. - Tech stocks plummeted on Monday as investors digested the news. Politicians and technology executives have spent well over a year debating the proper role for regulators in the tech industry, which has assumed outsized influence over the U.S. economy. Monday was the day that the chatter turned to early stages of action, ...



No comments:

Post a Comment