Amazon, Facebook, and Google are praying that Republicans don’t retain the House as they do not want antitrust suits brought against them. The administration can do it without Congress, but with them is so much easier.
The simple truth is those three and possibly Twitter have gotten too much control over various aspects of everyday life in America. Not only that, but they are gathering private information and selling it to the highest bidder. The president said that he’s not saying there will be antitrust action, merely saying the issue is being looked at.
President Donald Trump said his administration is looking into antitrust violations by Amazon, Facebook and Google parent Alphabet.
In a video interview with Axios‘ Jonathan Swan and Jim VandeHei that aired on Sunday, Trump said he’s “not looking to hurt” the U.S. tech giants but is considering action.
“We are looking at [antitrust] very seriously,” Trump said. “Look, that doesn’t mean we’re doing it, but we’re certainly looking and I think most people surmise that, I would imagine.”
Trump said others have also considered action against tech companies but a “previous administration” stopped that. “They were talking about this years ago. You know they were actually talking about this same subject — monopoly.”
Mike Allen, co-founder and executive editor of Axios, told CNBC on Monday he thinks Trump was being serious about this inquiry into big tech.
“The president has been talking about this for a long time,” Allen said in a “Squawk Box” interview. He also mentioned Trump’s “obsession” with Amazon.
The Russians couldn’t even begin to affect US elections at even a fraction of what these four have done.