SEEKING ALPHA reports:
The House antitrust subcommittee has released its report on Big Tech after a 16-month investigation, concluding that four tech giants – Alphabet (GOOG, GOOGL), Amazon.com (NASDAQ:AMZN), Apple (NASDAQ:AAPL), and Facebook (NASDAQ:FB) – enjoy “monopoly power,” and that antitrust laws need changes that might result in business separations.
The near-450-page report features a swath of recommendations, including imposing structural separations, and prohibiting dominant platforms from entering adjacent business lines – what subcommittee Chairman David Cicilline has …
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Source: The Loadstar