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US government announce antitrust probe into Big Tech

by Futures Centre, Jun 7
1 minute read

On 3rd June, the US House Judiciary Committee announced they would be probing a range of tech companies for antitrust violations. The statement declared they would be enacting “a top-to-bottom review of the market power held by giant tech platforms”. This marks the first time Congress has ever taken these steps. Despite its early stage, these actions are reminiscent of the Standard Oil case, the largest anti-trust break up of the past 100 years.

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