- The Justice Department and Federal Trade Commission, agencies run by Trump appointees, are reportedly planning to crack down on the business practices at Google-parent Alphabet, Facebook, Amazon and Apple.
- “I suspect Trump wants to crack down on big tech because he views these companies as political opponents,” “Mad Money” host Jim Cramer said.
- “For whatever reason, the president’s whims have trumped his pro-business attitude. And if the Trump administration is going to be less pro-business, investors are going to pay less for the earnings” of companies, Cramer said.
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