Saturday, December 13, 2025 | 12:19 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Four big tech companies under attack, accused of 'monopoly power'

The antitrust subcommittee of the Judiciary Committee recommended that Alphabet's Google, Apple, Amazon.com and Facebook should not both control and compete in related businesses

Facebook to Amazon: What years of emails and texts reveal about tech firms
premium

Nandita Bose & Diane Bartz | Reuters New York
A US House of Representatives panel looking into abuses of market power by four of the biggest technology companies found they used “killer acquisitions" to smite rivals, charged exorbitant fees and forced small businesses into "oppressive" contracts in the name of profit.

The antitrust subcommittee of the Judiciary Committee recommended that Alphabet’s Google, Apple, Amazon.com and Facebook should not both control and compete in related businesses, but stopped short of saying a specific company should be broken up.

The scathing 449-page report described dozens of instances where the companies misused their power, revealing corporate cultures apparently bent on doing what they could