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BREAKING: DOJ Announces Antitrust Probe into Social Media Companies

 
PirateMonkey
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07/23/2019 05:29 PM
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BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Justice Department
@TheJusticeDept
Justice Department Reviewing the Practices of Market-Leading Online Platforms
[link to twitter.com (secure)]

Full text of DOJ release

Department of Justice
Office of Public Affairs
FOR IMMEDIATE RELEASE

Tuesday, July 23, 2019
Justice Department Reviewing the Practices of Market-Leading Online Platforms
Review Focuses on Practices that Create or Maintain Structural Impediments to Greater Competition and User Benefits

The Department of Justice announced today that the Department’s Antitrust Division is reviewing whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers.

The Department’s review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online. The Department’s Antitrust Division is conferring with and seeking information from the public, including industry participants who have direct insight into competition in online platforms, as well as others.

“Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands,” said Assistant Attorney General Makan Delrahim of the Antitrust Division. “The Department’s antitrust review will explore these important issues.”

The goal of the Department’s review is to assess the competitive conditions in the online marketplace in an objective and fair-minded manner and to ensure Americans have access to free markets in which companies compete on the merits to provide services that users want. If violations of law are identified, the Department will proceed appropriately to seek redress.

Topic(s):
Antitrust
Component(s):
Antitrust Division
Press Release Number:
19-799
 Quoting: [link to www.justice.gov (secure)]

(Press release not subject to copyright)

Last Edited by PirateMonkey on 07/23/2019 05:46 PM
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
PirateMonkey  (OP)

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07/23/2019 05:40 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Tech stocks are falling in after-hours trading on Tuesday, on news that the government is going to pursue a broad antitrust inquiry into the sector.
[link to www.barrons.com (secure)]
(Less than 50%)

The Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, according to department officials, adding a new Washington threat for companies such as Facebook Inc., Google, Amazon.com Inc. and Apple Inc.
[link to www.wsj.com (secure)]
(Less than 50%)

Last Edited by PirateMonkey on 07/23/2019 05:45 PM
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
BBQ BOY™

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07/23/2019 05:42 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
fivestars4u
"Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others."

Everyone has to work out their own salvation.

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Anonymous Coward
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
bumpand pine
PirateMonkey  (OP)

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07/23/2019 05:48 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
For what it's worth... This was just picked up by Q

[link to qmap.pub (secure)]

[link to twitter.com (secure)]
[CHANGE WE CAN BELIEVE IN]
Q
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
Anonymous Coward
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07/23/2019 05:48 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
brucelee1
WhoPooted

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07/23/2019 05:48 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
NAILED-it9
Fear of the Lord is the foundation of wisdom, knowledge of the Holy One results in good judgement.

Proverbs 9:10 NLT
Anonymous Coward
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07/23/2019 05:52 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Exile (banish) all these traitors to China.
(they've got lots of friends in China)
PirateMonkey  (OP)

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07/23/2019 06:31 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
pineit
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
Anonymous Coward
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07/23/2019 06:44 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Yes.

They are monopolies that have an inordinate influence on politics and they are crowding out the marketplace for innovation.
Anonymous Coward
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07/23/2019 06:44 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Yes.

They are monopolies that have an inordinate influence on politics and they are crowding out the marketplace for innovation.
PirateMonkey  (OP)

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07/23/2019 06:49 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
mods replaced by google AI. nothing to see here

pullit
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
PirateMonkey  (OP)

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07/23/2019 07:28 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
opsucks
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
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07/23/2019 08:54 PM

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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
fivestars4u
 Quoting: BBQ BOY™


DITTO

Always with the awesome threads PM!!

Maybe this one will go Drudge too!
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
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07/23/2019 08:56 PM

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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
cheer
I am a Christian.

Christian does not equal doormat or pushover

"I Have Sworn upon the Altar of God... Eternal Hostility against every form of Tyranny over the mind of man." -Thomas Jefferson, Sep. 23, 1800

MedinaD

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Cebeij

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07/23/2019 09:06 PM

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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
better hurry. mf slow asses. this shits been going on for a few years now... why lift a finger so late in the game? hurry tf up

Last Edited by Cebeij on 07/23/2019 09:07 PM
Anonymous Coward
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07/23/2019 09:07 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
DOJ needs to act swiftly, harshly and with extreme prejudice and reduce these companies to rubble. If they do not, this is just more pop corn fodder for the masses.

:popscorn:
:popcornitup:
Anonymous Coward
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07/23/2019 09:16 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
For what it's worth... This was just picked up by Q

[link to qmap.pub (secure)]

[link to twitter.com (secure)]
[CHANGE WE CAN BELIEVE IN]
Q
 Quoting: PirateMonkey


That’s worth less than a worthless probe.

These people are stupid.
Anonymous Coward
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07/23/2019 09:41 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Justice Department
@TheJusticeDept
Justice Department Reviewing the Practices of Market-Leading Online Platforms
[link to twitter.com (secure)]

Full text of DOJ release

Department of Justice
Office of Public Affairs
FOR IMMEDIATE RELEASE

Tuesday, July 23, 2019
Justice Department Reviewing the Practices of Market-Leading Online Platforms
Review Focuses on Practices that Create or Maintain Structural Impediments to Greater Competition and User Benefits

The Department of Justice announced today that the Department’s Antitrust Division is reviewing whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation, or otherwise harmed consumers.

The Department’s review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online. The Department’s Antitrust Division is conferring with and seeking information from the public, including industry participants who have direct insight into competition in online platforms, as well as others.

“Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands,” said Assistant Attorney General Makan Delrahim of the Antitrust Division. “The Department’s antitrust review will explore these important issues.”

The goal of the Department’s review is to assess the competitive conditions in the online marketplace in an objective and fair-minded manner and to ensure Americans have access to free markets in which companies compete on the merits to provide services that users want. If violations of law are identified, the Department will proceed appropriately to seek redress.

Topic(s):
Antitrust
Component(s):
Antitrust Division
Press Release Number:
19-799
 Quoting: [link to www.justice.gov (secure)]

(Press release not subject to copyright)
 Quoting: PirateMonkey


about fukking time.
Anonymous Coward
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07/23/2019 09:47 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
a start of something new this is like standard oil or MA BELL starting to get broken up.
Paranoiaaaaa
Butters

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07/23/2019 09:50 PM

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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
About time!

My 5 Stars
"Just because you're paranoid doesn't mean they're not out to get you." - Fox Mulder - The X-Files

"Life is what happens while you are busy making other plans." - John Lennon
Coy

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07/23/2019 09:54 PM

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applause

Last Edited by Coy on 07/23/2019 09:54 PM
Anonymous Coward
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07/23/2019 09:59 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
Nothing will happen at all. I could lay out an ironclad indictment in 19 minutes with a grant of immunity. This is just a puppet show for the plebs.
Anonymous Coward
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07/23/2019 10:01 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
bout fkn time,
but I don't give a shit...I don't use any of them...

simple
CSnow

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07/23/2019 10:03 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
a start of something new this is like standard oil or MA BELL starting to get broken up.
 Quoting: REYMEGA TRUTH


Will be interesting because today there's a very liberal/leftwing taint to these monopolies. Just about all of them are full of greedy, unethical Limousine Liberals and Champagne Socialists. People who are priming the pump in 2019 the way people of Big Railroads, Big Oil and Ma Bell did during the early 1900s.

.
Avenger1

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07/23/2019 10:10 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
About time!

My 5 Stars
 Quoting: Paranoiaaaaa


Excellent!

I had to borrow your stars, Para. :)
"Who looks outside, dreams; who looks inside, awakes"

"When the student is ready, the teacher will appear"
Revo/elation

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07/23/2019 10:10 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
yuge!
Anonymous Coward
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07/23/2019 10:18 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
bumpand pine
 Quoting: REYMEGA TRUTH


I ask because I care. Have you reduced your Thorazine meds lately?
That’s one was major in keeping you presentable to the masses.
Sperg?
I admire your tenacity, but you should stay home with young children who share your same IQ. I’m guessing not only have you been tested a multitude of times throughout your like.
I know Ray, it’s hard being schizophrenic, but you need MUCH more help than this board can ever offer.
Check yourself into a LONG TERM psyche ward, do the meds regimen. Stick to it until those voices in your head are no longer there, or you at least when they make their presence known that you can tell their right the fuck off.

Get help Ray before you hurt yourself or worse, someone else.
TAKE YOUR THORAZINE!
Anonymous Coward
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07/23/2019 10:22 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
For what it's worth... This was just picked up by Q

[link to qmap.pub (secure)]

[link to twitter.com (secure)]
[CHANGE WE CAN BELIEVE IN]
Q
 Quoting: PirateMonkey


good stuff,

easier to read on qanon dot pub though

FOLLOW THE LINKS
Anonymous Coward
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07/23/2019 10:25 PM
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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
bumpand pine
 Quoting: REYMEGA TRUTH


I ask because I care. Have you reduced your Thorazine meds lately?
That’s one was major in keeping you presentable to the masses.
Sperg?
I admire your tenacity, but you should stay home with young children who share your same IQ. I’m guessing not only have you been tested a multitude of times throughout your like.
I know Ray, it’s hard being schizophrenic, but you need MUCH more help than this board can ever offer.
Check yourself into a LONG TERM psyche ward, do the meds regimen. Stick to it until those voices in your head are no longer there, or you at least when they make their presence known that you can tell their right the fuck off.

Get help Ray before you hurt yourself or worse, someone else.
TAKE YOUR THORAZINE!
 Quoting: Anonymous Coward 34043963


im really fine
catnahalf
Deplorables assemble

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Re: BREAKING: DOJ Announces Antitrust Probe into Social Media Companies
They need to look at the banks and payment processors too.





GLP