The AGs are zeroing in on Alphabet — Google’s parent company — but they are sniffing around Facebook and other US tech leaders too. This is likely to be yet another costly investigation for Alphabet. The EU has already fined it about $9 billion. US federal antitrust authorities have investigated Alphabet before and are doing so again. Who knows how much Alphabet spends on these investigations, and how much they distract the company from serving customers?
While the theory behind the AGs’ case is vague at best, one thing is clear: If they succeed in their quest, internet users will be the biggest losers. Here are three reasons why.
Read Dr. Mark Jamison’s full blog post online at AEI.