Multiple states reportedly considering antitrust investigation into tech giants

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antitrust investigation

Multiple states are considering opening an antitrust investigation into tech giants, according to the Wall Street Journal based on information from people familiar with the matter.

The report indicated that a group of state attorneys generals is set to start investigating big technology companies next month. The AGs will likely focus their inquiry into companies with dominant platforms. They will look into the possibility that these tech giant might be taking advantage of their dominance prevent competition in the market.

The chief of the antitrust division of the U.S. Department of Justice (DOJ) confirmed that at least two dozen states want to investigate tech giants. The states want to determine whether big technology companies are engaged in anti-competitive practices.

DOJ already launched a broad antitrust investigation into tech giants

On Tuesday, Makan Delrahim, the Assistant Attorney General for the DOJ’s Antitrust Division said, a bipartisan group of state AGs approached the department regarding their intention to investigate tech giants.