The debate that is brewing.
Amazon, Google and Facebook: Would the U.S. Government Really Break Them Up?
Traditionally a company’s size has attracted the most antitrust scrutiny because being big often translates into market power that it uses to prevent competitors from developing. A company’s ability to raise prices is the main test regulators have used to determine whether it possesses such market power.
There’s a growing chorus of U.S. politicians, antitrust scholars and consumer watchdogscalling for stricter antitrust treatment of Amazon, Google, Facebook and other tech giants. Some even say they should be broken up.
Most recently, U.S. lawmakers launched a sweeping review to determine if these companies have become so big and powerful that they are stifling competition and harming consumers, while federal regulators are also gearing up to take action.