US Government Launches Anti-Trust War Against Alphabet, Apple, and Facebook
publication date: Jun 3, 2019
Image shown: Technology shares took a beating during the trading session June 3.
The DOJ and FTC are coming after Alphabet. Apple, and Facebook, and we can’t help but feel the moves are in some ways politically motivated. Even if regulators decide to break up these companies, it doesn’t mean that they will “confiscate” their businesses. Worst case scenario, perhaps pieces of their businesses would be auctioned off at arguably above-market prices, which could be a net positive.
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