Antitrust Focus Raises Concerns in Big Tech -- ESG Insight
05 June 2019 - 6:45AM
Dow Jones News
2015 GMT - Increased scrutiny into Facebook, Google and Amazon
has investors worried about the possibility these tech companies
could be forced to break up. News Monday that US regulators were
opening the door to investigations into the companies raises
concerns over compliance with antitrust policies, a central element
of a company's corporate-governance profile. Another concern for
investors is the uncertainty surrounding these companies' future
ability to grow through acquisitions. In addition to potential
investigations by the Justice Department and Federal Trade
Commission, the FTC recently announced a special task force
examining competition in the technology marketplace and the House
Judiciary Committee will launch an investigation into competition
in digital markets. (christian.brunnstrom@dowjones.com)
(END) Dow Jones Newswires
June 04, 2019 16:30 ET (20:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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