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The antitrust vise tightens on tech

Illustration: Sarah Grillo/Axios

The Justice Department's announcement Tuesday that it will probe the market power of online platforms is the latest sign of deepening trouble in Washington for major tech companies.

Why it matters: Antitrust action is one of the most significant steps a government can take to rein in a company — and Justice's announcement is the kind that can kick off years-long probes.

Go deeperArrowJul 24, 2019

Steven Mnuchin: Amazon "has destroyed the retail industry"

Secretary Mnuchin. Photo: Mark Wilson/Getty Images

U.S. Treasury Secretary Steven Mnuchin said Wednesday that it's "absolutely right that the attorney general is looking into" Amazon because it "has destroyed the retail industry across the U.S."

The big picture: Amazon, along with Facebook and Google, appears to be the subject of a Justice Department probe into the market power of online platforms. Mnuchin, an administration official, is weighing in and suggesting that Amazon is stifling competition before the antitrust investigation has really even started.

Go deeperArrowJul 24, 2019

Podcast: Trump's speech police

The White House is proposing having the FCC monitor alleged censorship of political speech on social media platforms. Dan goes deeper with Axios tech policy reporter David McCabe.

Keep ReadingArrowAug 12, 2019