US Federal Trade Commission is preparing to launch an antitrust investigation against Amazon
Earlier, the Wall Street Journal received news that the US Department of Justice is working with the US Federal Trade Commission to prepare an antitrust investigation against Google. The US regulator’s investigation into Google is actually quite understandable. As a technology giant, Google has covered its services in various fields. As the world’s largest advertising company, Google relies on collecting data from all aspects of its advertising, US regulators have doubts about privacy protection.
According to the latest news, the US Federal Trade Commission is also preparing to launch an anti-monopoly investigation into the e-commerce and cloud computing giant Amazon. The Washington Post said it is not clear where regulators will start. After all, Amazon’s best-known business is e-commerce and cloud computing services. However, the cooperation between the US Federal Trade Commission and the US Department of Justice usually indicates a more serious antitrust investigation, so the field of investigation may be very large. The Washington Post also mentioned that US regulators may conduct anti-monopoly investigations on the giant in the technology sector to ensure that these giants have no irregularities.
At the beginning of this year, the US Federal Trade Commission also established a new special working group, which was mainly established by the US technology industry. The purpose of the establishment is naturally to prepare to investigate the anti-competitive behavior of the US technology giants in the business. In addition to Google and Amazon, Facebook is likely to be the next target. However, Facebook has been experiencing various privacy leaks since the Cambridge analysis incident last year. As the world’s largest social networking site, it has revealed countless user information.
Via: Washington Post