Facebook, Amazon, Google and Apple Have ‘Monopoly Power’ Over Competitors, House Subcommittee Finds

A Democrat-led report recommends changes to current antitrust laws that could lead to the breakup of major tech companies

Apple, Amazon, Facebook and Alphabet, the parent company of Google, enjoy “monopoly power” over their competitors, according to a 449-page report from the House Judiciary subcommittee on antitrust released on Tuesday afternoon.

The report, spearheaded by a Democratic majority, recommended Congress change current antitrust laws to better account for the digital world, with the aim of breaking up the “Big 4” tech giants into smaller companies.

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Sean Burch

Sean Burch

Tech reporter • sean.burch@thewrap.com • @seanb44