07:38:30 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 31,100,000
Close 2025-04-11 C$ 21.83
Market Cap C$ 678,913,000
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Globe/NYT say Trump keeps up pressure on Meta, others

2025-04-14 08:49 ET - In the News

See In the News (C-META) Meta CDR (CAD Hedged)

The Globe and Mail reports in its Monday edition that the Trump administration is not letting up on the tech giants. A New York Times dispatch to The Globe says that on Monday, the Federal Trade Commission (FTC) will face off with Meta in court over claims that the social-media giant snuffed out nascent competitors when it bought Instagram and WhatsApp. And on April 21, the Justice Department will argue that a federal judge should force Google to sell its Chrome browser to limit the power of its search monopoly. Both cases, which helped set into motion a new era of antitrust scrutiny, were filed during President Donald Trump's first term in office. They were advanced by the Biden administration, which also filed monopoly lawsuits against Amazon, Apple and Google's ad-technology business. Investors in Silicon Valley and on Wall Street hoped that Mr. Trump might show technology companies more deference during his second term, as he promised to deregulate industries. Some legal experts think the administration could still take a lighter hand on blocking mergers and setting pro-active regulations for tech. So far, however, Mr. Trump's appointees have promised to continue much of the scrutiny of the biggest tech companies.

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