2019-06-21 13:33:00 Fri ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Amazon and Google face more intense antitrust scrutiny. In recent times, Justice Department and Federal Trade Commission have reached an internal agreement to conduct independent investigations into these tech titans. Justice Department takes responsibility for Google antitrust matters, and Federal Trade Commission handles Amazon in light of potential consumer harm.
This internal agreement presages intense antitrust scrutiny. Google already faces antitrust fines in Europe due to the E.U. charges that the online search algorithms favor Google-driven software products. U.S. antitrust law focuses on the broader notion of consumer protection; however, smart algorithms help constrain Amazon retail price hikes. Federal Trade Commission conveys concern and suspicion that the sheer size and market power of Amazon may induce anti-competitive effects.
Limiting the market power of tech titans may be one of the few policy domains where Republicans and Democrats find common cause. Democratic presidential candidates such as Joe Biden, Bernie Sanders, and Elizabeth Warren call for greater antitrust scrutiny on the campaign trail. Also, President Trump and other Republicans accuse Amazon and Google of political bias. Justice Department and Federal Trade Commission either stimulate more competition in e-commerce and Internet search, or the regulatory agencies may consider breaking up Amazon and Google.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2025-08-02 13:31:00 Saturday ET
Chip Espinoza, Mick Ukleja, and Craig Rusch shine fresh light on the core competences for managing millennials as part of the new modern workforce in recent
2018-11-01 08:36:00 Thursday ET
Ford and Baidu team up to test autonomous cars in China. For the next few years, Ford and Baidu plan to collaborate on the car design and user acceptance te
2017-02-19 07:41:00 Sunday ET
In his recent book on personal finance, Tony Robbins recommends that each investor should rebalance his or her investment portfolio *only once a year* to in
2018-08-17 11:45:00 Friday ET
In accordance with the extant corporate disclosure rules and requirements, all U.S. public corporations have to report their balance sheets, income statemen
2017-12-14 12:41:00 Thursday ET
Federal Reserve raises the interest rate by 25 basis points to the target range of 1.25% to 1.5% as FOMC members revise up their GDP estimate from 2% to 2.5
2018-06-25 12:43:00 Monday ET
Apple and Samsung are the archrivals for the title of the world's top smart phone maker. The recent patent lawsuit settlement between Apple and Samsung