Big Tech's DC Problem During Coronavirus Pandemic

May 22, 2020
Four of the five "FAANG" tech giants - Facebook, Amazon, Apple and Google, whose parent company is Alphabet - are finding themselves in the crosshairs of Washington regulators. According to several reports, Google is reportedly expected to face antitrust lawsuits this year, while the Department of Justice and the Federal Trade Commission have been examining competition concerns for Facebook, Amazon and Apple. Dan Ives, Managing Director of Equity Research at Wedbush Securities, tells Closing Bell that the reports are more than just talk.
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