Mnuchin said he looked forward to hearing the results of a Justice Department probe, announced on Tuesday, into whether big U.S. technology firms engage in anticompetitive practices, the strongest sign yet that the Trump administration is stepping up its scrutiny of Big Tech. "If you look at Amazon
1 / 2The G7 Finance ministers and central bank governors meeting in ChantillyWASHINGTON - U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc "destroyed the retail industry across the United States."
"If you look at Amazon, although they're certain benefits to it, they've destroyed the retail industry across the United States," Mnuchin told CNBC."I don't have an opinion other than I think it's absolutely right the attorney general is looking into these issues and I look forward to listening to his recommendations to the president.
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