Saturday, May 16, 2020

Will a suit be filed, or will someone be bought off?

Anders Hagstrom reports in part in the Daily Caller,
President Donald Trump appeared to express support for breaking up dominant tech companies in a tweet Saturday.

Trump’s tweet comes just hours after reports that the Justice Department was drafting an antitrust lawsuit against Google. Politicians have long feared that Google and its peers like Facebook and Amazon have become too dominant in their industry.

“The Radical Left is in total command & control of Facebook, Instagram, Twitter and Google. The Administration is working to remedy this illegal situation. Stay tuned, and send names & events,” Trump tweeted.

State attorneys general are reportedly working alongside the DOJ to draft similar lawsuits alleging that Google has violated antitrust laws. Texas AG Ken Paxton is leading the coalition of 51 AGs, according to Bloomberg.

...Reports that the DOJ is drafting a lawsuit does not necessarily mean a suit will ultimately be filed. Officials investigated Google for similar reasons in 2013 only to end the investigation.
Read more here.

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