Key antitrust lawmaker frustrated with Google’s Fitbit deal

Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet’s Google, Facebook, Amazon and Apple with the chair of a House subcommittee expressing frustration over the companies’ continued acquisitions.
In a hearing of the House Judiciary Committee’s antitrust subcommittee, Makan Delrahim, the head of the Justice Department’s antitrust division, said his investigative staff was focused on understanding how personalized advertising transactions work. Facebook and Google, in particular, depend on advertising for their revenue.
“By understanding these competitive dynamics, we can understand how the market leaders have monopoly power, how they exercise that monopoly power and whether the source of that power is for merit-based competition or the source of that power is exclusionary,” Delrahim said.