US antitrust chiefs pledge to crackdown on Big Tech gatekeeping after European Union’s Digital Markets Act

//US antitrust chiefs pledge to crackdown on Big Tech gatekeeping after European Union’s Digital Markets Act

US antitrust chiefs pledge to crackdown on Big Tech gatekeeping after European Union’s Digital Markets Act

US antitrust chiefs voiced support for an American crackdown on gatekeeper tech giants a week after the European Union reached a deal reining in the likes of Google and Meta Platforms Inc. Jonathan Kanter, the head of the Justice Department’s antitrust division, speaking during a conference in Brussels Thursday, said acquisitions of nascent rivals by larger players should be closely scrutinised because such deals over time risk weakening competition in the economy. “The plain text of our merger…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2022-04-01T06:03:14+00:00 April 1st, 2022|Technology|Comments Off on US antitrust chiefs pledge to crackdown on Big Tech gatekeeping after European Union’s Digital Markets Act