Feds prepare investigations of Apple, Google, Amazon, and Facebook for anticompetitive activities

The Justice Department and the Federal Trade Commission are preparing to crack down on any anticompetitive activities by tech giants Apple, Google, Amazon, and Facebook, according to a report from Reuters on Monday.

The Justice Department and Federal Trade Commission have reached an agreement with each other in divvying up investigative responsibilities against the big tech firms. The Justice Department was given jurisdiction over any inquiries of possible monopolistic activities carried out by Apple and Google, which is owned by Alphabet Inc., while the Federal Trade Commission will be responsible for any improper behavior by Amazon and Facebook.