AXIOS November 13, 2019
Regulators on both sides of the Atlantic are beginning to probe whether the biggest tech companies’ handling of consumer data represents an unfair form of competition.
Why it matters: Consumer data is the fuel of the digital economy and the key to tech giants’ market leverage. It is also challenging antitrust regulators’ ability to investigate competition issues, because today’s antitrust laws don’t specifically address data dynamics.
Driving the news: Justice Department antitrust chief Makan Delrahim, in a speech Friday at an antitrust conference in Cambridge, Mass., said that the way tech firms amass data could raise concerns about competition.
- The DOJ is conducting an antitrust review of big tech companies, and Delrahim told the crowd...
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