Sometimes that can just be the way a market shakes out.Īntitrust law is instead concerned with what you did to become dominant and what you do with the outsized power that comes from being the biggest. Being the largest player in a sector-even if you're so big you dwarf any potential competition-isn't inherently unlawful. 'Our investigation leaves no doubt that there is a clear and compelling need for Congress and the antitrust enforcement agencies to take action that restores competition, improves innovation, and safeguards our democracy.' What was Congress looking for?Īs we've explained before, antitrust law isn't just about monopolies. In recent years, each company has expanded and exploited their power of the marketplace in anticompetitive ways,' Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) and antitrust subcommittee Chairman David Cicilline (D-R.I.) said in a joint statement. 'As they exist today, Apple, Amazon, Google, and Facebook each possess significant market power over large swaths of our economy. Further Reading Antitrust 101: Why everyone is probing Amazon, Apple, Facebook, and Google

Is amazon a monopoly