Apple, Amazon, Facebook, Google likened to ‘oil barons’ – NEWS.com.au

Amazon, Apple, Facebook and Google have used their monopoly power to crush their smaller competitors, not unlike the robber barons of yesteryear, a highly anticipated report from the US House Judiciary Committees antitrust panel has determined.The results of the year-long probe into the market dominance of the biggest names in tech were made public on Tuesday in the form of a scathing 450-page report, which pulled no punches in its criticism of Silicon Valley giants who together boast a market v…

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