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.
2018-11-13 12:30:00 Tuesday ET
President Trump promises a great trade deal with China as Americans mull over mid-term elections. President Trump wants to reach a trade accord with Chinese
2018-06-09 16:40:00 Saturday ET
The Trump administration introduces new tariffs on $50 billion Chinese goods amid the persistent bilateral trade dispute. The tariffs effectively boost cost
2018-04-26 07:37:00 Thursday ET
Credit supply growth drives business cycle fluctuations and often sows the seeds of their own subsequent destruction. The global financial crisis from 2008
2019-09-05 09:26:00 Thursday ET
Yale macro economist Stephen Roach draws 3 major conclusions with respect to the Chinese long-run view of the current tech trade conflict with America. Firs
2018-03-05 07:34:00 Monday ET
Peter Thiel shares his money views of President Trump, Facebook, Bitcoin, global finance, and trade etc. As an early technology adopter, Thiel invests in Fa
2017-11-23 10:42:00 Thursday ET
As the TV host of Mad Money, Jim Cramer provides 5 key reasons against the purchase and use of cryptocurrencies such as Bitcoin. First, no one knows the ano