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U.S. tech giants could be subject to antitrust investigation

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U.S. tech giants could be subject to antitrust investigation GlobeBusiness

The U.S. Justice Department has jurisdiction for a potential probe of Apple Inc as part of a broader review of whether technology giants are using their size to act in an anti-competitive manner, two sources told Reuters.

The Justice Department’s Antitrust Division and the Federal Trade Commission met in recent weeks and agreed to give the Justice Department the jurisdiction to undertake potential antitrust probes of Apple and Google, owned by Alphabet Inc , the sources said.Story continues below advertisementStreaming music leader Spotify Technology SA and others have criticized the iPhone maker’s practices, describing the company as anti-competitive in a complaint to the European Union’s antitrust regulators.

 

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