Competition is the name of the game in the U.S. market economy -in theory.
There are laws to prevent companies from becoming so big that they form a monopoly.
In the past, the federal government has acted to break up companies into smaller units, like they did with telecom giant AT&T in the 1980s. And they could do it again.
Four major tech companies are under scrutiny by the U.S. Congress.
CGTN’s Mark Niu reports.
- Mark Niu is a correspondent with CGTN America
- Adonis Hoffman is the CEO of The Advisory Counsel
- Robert Atkinson is the President of the Information Technology and Innovation Foundation
- Harry First is a professor of law at New York University
Big Tech's CEOs testified in a historic antitrust hearing last week. Now what happens? https://t.co/ZriNbF54TI
— Business Insider (@businessinsider) August 1, 2020
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