1 week Ago By David McCabe
The Trump administration isn’t letting up on the tech giants. On Monday, the Federal Trade Commission will face off with Meta in court over claims that the social media giant when it bought Instagram and WhatsApp. And on April 21, the Justice Department will argue that a federal judge should force Google to to limit the power of its search monopoly.
Both cases, which helped set into motion , were filed during President Trump’s first term in office. They were advanced by the Biden administration, which also filed monopoly lawsuits against Amazon, Apple and Google’s ad technology business. Investors in Silicon Valley and on Wall Street more deference during his second term, as he promised to deregulate industries.
Some legal experts think the administration could still take a lighter hand on blocking mergers and setting proactive regulations for tech. But so far, Mr. Trump’s appointees have promised to continue much of the scrutiny of the biggest tech companies, despite the industry’s hopes.
“I think that they may not have fully focused on how much the first Trump presidency had to do with setting in motion this re-examination of tech said Bill Kovacic, a former F.T.C.
chairman. Here’s what to know. Who is in charge of antitrust enforcement now? We are having trouble retrieving the article content.
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