Justice Department - Broad, New Antitrust Review

Well this should be good for TTD…!

Justice Department to Open Broad, New Antitrust Review of Big Tech Companies

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, Google, Amazon and Apple.

https://www.wsj.com/articles/justice-department-to-open-broa…

Rockleppard

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Well this should be good for TTD…!

…and also for SHOP!

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Although nothing is known yet for certain, market research firm Wedbush Securities is suggesting it could amount to a financial slap on the hand rather than major re-structuring of big tech firms, etc.

…“We ultimately believe this is more noise vs. the start of broader structural changes across the tech food chain and will likely result in business model tweaks and potential DOJ/ FTC fines in a worst case scenario rather than forced breakups of the underlying businesses,” according to a research note sent to investors Tuesday by the market research firm Wedbush Securities.”

Justice Department launching broad antitrust review of Big Tech
https://www.cnn.com/2019/07/23/tech/justice-department-big-t…

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Better to beg forgiveness than to ask permission