Content Guy’s Note: Stories in this section are, in my estimation, important and relevant to business. However, they are relegated to this slot because some MNB readers have made clear that they prefer a politics-free MNB; I can't do that because sometimes the news calls out for coverage and commentary, but at least I can make it easy for folks to skip it if they so desire.
CNBC reports that the Trump administration “is looking into antitrust violations by Amazon, Facebook and Google parent Alphabet.”
The probe into whether the three companies can be charged with having illegal monopolies was divulged by President Donald Trump in an interview with Axios that aired on HBO.
“We are looking at [antitrust] very seriously,” Trump said. “Look, that doesn't mean we're doing it, but we're certainly looking and I think most people surmise that, I would imagine.”
Trump also said that a “previous administration” had stopped earlier considerations of possible prosecution.
CNBC notes that Trump has long been critical of Amazon, accusing it of taking advantage of the US Postal Service; he’s also been critical of Amazon’s founder/CEO Jeff Bezos, who owns the Washington Post - which has engaged in aggressive reporting about the Trump administration - in a personal investment.
CNBC reports that the Trump administration “is looking into antitrust violations by Amazon, Facebook and Google parent Alphabet.”
The probe into whether the three companies can be charged with having illegal monopolies was divulged by President Donald Trump in an interview with Axios that aired on HBO.
“We are looking at [antitrust] very seriously,” Trump said. “Look, that doesn't mean we're doing it, but we're certainly looking and I think most people surmise that, I would imagine.”
Trump also said that a “previous administration” had stopped earlier considerations of possible prosecution.
CNBC notes that Trump has long been critical of Amazon, accusing it of taking advantage of the US Postal Service; he’s also been critical of Amazon’s founder/CEO Jeff Bezos, who owns the Washington Post - which has engaged in aggressive reporting about the Trump administration - in a personal investment.
- KC's View:
