Tech firms may lose from US govt antitrust shift
SAN FRANCISCO: If the Obama administration is serious about responding more aggressively to antitrust complaints, some of technology's biggest companies could have to rethink their business strategies or expansion plans.
The administration said on Monday it has abandoned Bush-era policies that it criticized as too friendly to companies that dominate their markets. The Justice Department didn't call out any companies by name, and its shift in approach will affect all industries. But it raises the stakes for tech heavyweights whose practices have been questioned elsewhere more than in the United States.
For instance, Intel Corp could face a steep fine in Europe this week over its behavior in the microprocessor industry. An IBM Corp competitor is accusing the company in Europe of manipulating the market for mainframe computers. Microsoft Corp - a marquee antitrust defendant during the Clinton administration - has been battling other charges in Europe in this decade as well.