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posted by chromas on Monday May 21 2018, @11:29PM   Printer-friendly
from the Goooooooooooooooooooooooooooooooooooooooooooooooooooooooooooogle dept.

Mnuchin on Google and tech monopolies: 'You have to look at the power they have'

Treasury Secretary Steve Mnuchin on Monday joined the growing chorus of government officials concerned about tech monopolies. When asked if Google is a monopoly, Mnuchin said, "These are issues that the Justice Department needs to look at seriously — not for any one company — but obviously as these technology companies have a greater and greater impact on the economy, I think that you have to look at the power they have," Mnuchin told CNBC's "Squawk Box." Mnuchin acknowledged that antitrust matters don't fall under his jurisdiction, but said someone ought to be looking.

His comments come on the heels of a "60 Minutes" segment on Google's unparalleled market share in online search. The Sunday night spot included an interview with Jeremy Stoppelman, co-founder of Yelp, which he said "would have no shot" if it were being built today.

Also at Bloomberg.


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  • (Score: 5, Insightful) by idiot_king on Monday May 21 2018, @11:33PM (2 children)

    by idiot_king (6587) on Monday May 21 2018, @11:33PM (#682455)

    One capitalist pig doesn't like how big the slices of pie the other pigs are getting. Who knew? /s

    Starting Score:    1  point
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    Total Score:   5  
  • (Score: -1, Troll) by Anonymous Coward on Tuesday May 22 2018, @12:51AM

    by Anonymous Coward on Tuesday May 22 2018, @12:51AM (#682477)

    Four smiling and laughing little girls - none of whom could have been older than ten - had dolls in their hands. Anyone could guess that they were playing a game of house. As the group of girls played, they heard the bedroom doorknob turn, and so they looked towards the door.

    Once the bedroom door fully opened, the looks on the little girls' faces could only be described as 'baffled.' If it had been one of their parents, they could understand. However, the one who stood at the door was a man that none of them had ever seen before. This strange man approached the children with a loving, angelic smile on his face...

    Later, when night had already descended upon the peaceful town, the man walked out of the bedroom the children were playing in and left the quaint little house. If one were to investigate the room, they could find the children. However, these children were very different from before; it was to the point where they could be described as shadows of their former selves. Yes, the girls were indeed different from their past selves; they did not play; they did not smile; they did not speak; they did not move; and they did not wear clothes. In fact, the only thing these children did was rot.

    Over the coming months, and in the name of men's rights, the maggot-filled children did the only thing they were capable of, leaving behind an odor so foul that it made one want to vomit...

  • (Score: 2, Insightful) by Anonymous Coward on Tuesday May 22 2018, @02:25AM

    by Anonymous Coward on Tuesday May 22 2018, @02:25AM (#682503)

    This kind of saber rattling by politicians often looks to me like a request for a hush money. Perhaps sometime later it will really come out...when some enterprising reporter follows the money and finds a contribution from a Google affiliate to Mnuchin or one of his relatives, or a related foundation/charity/SuperPAC?