# Gafam: The Monopoly Hunt is Open

Opinion

— October 23, 2019

As seen in: Stern in the News

![Thomas Philippon](/sites/default/files/styles/246w/public/assets/images/tphilippon_article.jpg?itok=Zq8-tPcP)

By Thomas Philippon

> The staging of the opening of the investigations was quite dramatic, but the process is actually quite common.

They are 50 against Google and 9 against Facebook. The New York prosecutor is leading the charge against Facebook with 8 of her colleagues and the Texas attorney has opened an investigation against Google with almost every state, but without California, where Google's headquarters is located.

Read the full [*Les Echos* article](https://www.lesechos.fr/idees-debats/cercle/gafam-la-chasse-au-monopole-est-ouverte-1142554) in French.
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*Thomas Philippon is a Professor of Finance.*