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DOJ reviewing practices of major online platforms

( July 23, 2019, 20:55 GMT | Official Statement) -- MLex Summary: The US Department of Justice announced that it 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 DOJ 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.Statement follows in full. ...

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