Joe Biden, the president, is firmly embracing his pro-labor persona.
In contrast to his predecessors, the Biden administration has filed antitrust lawsuits and opened investigations against a number of large corporations, many of which are in the technology sector, on the grounds that they behave like monopolies.
The administration of Joe Biden is suing large corporations for antitrust violations.
Compared to his predecessors, Biden stands out for taking an assertive stance.
Biden and Trump are having trouble locking up base voters ahead of the first debate
Live Nation, Google, Apple, Amazon and Meta as well as many non-tech companies are included in the list.
Joe Biden, the president, is firmly embracing his pro-labor persona.
In contrast to his predecessors, the Biden administration has filed antitrust lawsuits and opened investigations against a number of large corporations, many of which are in the technology sector, on the grounds that they behave like monopolies.
“This is definitely a different agenda than previous presidents,” Antitrust expert, Rebecca Allensworth.” I think that Biden is saying… consolidation and the power that large companies have gotten over the last 20, 30 years isn’t good for the American consumer or for Americans in general. I think it’s very much a deliberate attempt to take away on some of that market power that these big corporations have accumulated.”
List of big corporations Biden has targeted.
The decision in the protracted antitrust lawsuit against Google is still pending. Google was accused by the DOJ and a number of states of monopolizing the search engine market and stifling competition.
The case’s arguments came to a close earlier this month, leaving Google’s and the tech industry’s future in the hands of a US district judge who can find the company innocent or hold it accountable and order changes.
Apple
Apple was accused by the Justice Department of “delaying, degrading, or outright blocking” the competition in order to take over the smartphone market, and the department filed an antitrust lawsuit against the company in March.
According to the Justice Department, the company’s use of software, accessories, and restrictive policies has resulted in a “smartphone monopoly.”
Live Nation
The Justice Department filed an antitrust lawsuit this week against Ticketmaster’s parent company, Live Nation Entertainment.
The company was accused by Attorney General Merrick Garland of “anti-competitive and illegal” business practices. According to him the company stifled innovation as well as created worse experiences for fans, promoters, artists and vendors.
Amazon
The Federal Trade Commission filed a lawsuit against Amazon last year, alleging that Amazon enticed consumers to purchase Prime membership.
Amazon “knowingly duped millions of customers,” according to the FTC. The company was previously found to have known about its confusing sign-up infrastructure for years, but it took no action, according to a Business Insider investigation.
In the meantime, the FTC’s antitrust lawsuit against Amazon is scheduled to start in 2026.
Meta
Meta, formerly Facebook, was sued by the FTC and several states, alleging that it had acquired Instagram and WhatsApp in order to stifle competition.
“I think there’s a reason why they have one big monopolization case, at least, against each of the four major American tech companies,” Allensworth told. “Tech is too dominant.
Tech has a dangerous level of market power, and it’s oppressing competition and creating products that are more dangerous and more expensive than they need to be.”