In technology news, attorneys general from 48 states, the District of Columbia and Puerto Rico launched an antitrust investigation into Google Monday. This is Texas Attorney General Ken Paxton speaking in Washington, D.C.
Attorney General Ken Paxton: “While many consumers believe that the internet is free, certainly we know from Google’s profits of $117 billion that the internet is not free, and this is a company that dominates all aspects of advertising on the internet and searching on the internet.”
Big Tech has come under increasing scrutiny as companies like Apple, Amazon, Google and Facebook are accused of stifling market competition through their search, social media and retail practices. Last week, New York Attorney General Letitia James announced multiple states were launching antitrust probes into Facebook and looking into whether the company “endangered consumer data.” The Federal Trade Commission, the Justice Department and the House Judiciary Committee are also investigating anti-competitive practices in Big Tech.