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Amazon, Apple, Google, and Facebook all came out swinging against the House antitrust report that compared them to oil barons and railroad tycoons

23 days ago   |   By Business Insider

Summary List Placement
Big tech is getting ready to take on the House of Representatives.
The House Democrats on Tuesday dropped a 449-page repor t following a year-long antitrust investigation, laying out what they view as the monopoly power wielded by Apple, Amazon, Google, and Facebook.
"Companies that once were scrappy, underdog startups that challenged the status quo have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons," members of the subcommittee wrote in the report.
The report made a series of broad recommendations for leveling the...
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