U.S. Antitrust Chiefs Pledge Crackdown on Gatekeeper Tech Giants
- DOJ’s Kanter and FTC’s Khan promise stricter deal reviews
- Khan says big firms shouldn’t dominate VR, cloud, and voice
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U.S. antitrust chiefs voiced support for an American crackdown on gatekeeper tech giants a week after the European Union reached a deal reining in the likes of Google and Meta Platforms Inc.
Jonathan Kanter, the head of the Justice Department’s antitrust division, speaking during a conference in Brussels Thursday, said acquisitions of nascent rivals by larger players should be closely scrutinized because such deals over time risk weakening competition in the economy.