2020-01-15 08:31:00 Wed 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
Anti-competitive corporate practices may stifle U.S. innovation. In recent decades, wage growth, economic output, and productivity tend to stagnate as U.S. income and wealth inequality rises due to the pervasive increase in the market share and profitability of the most dominant tech titans. This dominance prevails across many bellwether industries such as telecommunication (e.g. AT&T, Sprint, T-Mobile, and Verizon), e-commerce (Amazon, Alibaba, and eBay), social media (Facebook and Twitter etc), digital music and video (Apple, Disney, HBO, Netflix, Spotify, and YouTube), mobile technology (Apple, Samsung, and HuaWei etc), cloud software (Google and Microsoft), finance (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo), and air transport (Delta and Southwest etc).
From 1987 to 2016, the total share of U.S. employment by big firms with more than 5,000 employees surges from 28% to 34%, and the average share of revenue by the top 4 tech titans in each of the 900 economic sectors grows from 26% to 32%. These economic trends show that tech titans garner much market power with anti-competitive corporate practices. Antitrust regulators now probe into the borderline practices that may inadvertently stifle American innovation by smaller startups and other lean enterprises.
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.
2025-03-03 04:11:06 Monday ET

Is higher stock market concentration good or bad for Corporate America? In recent years, S&P 500 stock market returns exhibit spectacular concentrati
2019-07-11 10:48:00 Thursday ET

France and Germany are the biggest beneficiaries of Sino-U.S. trade escalation, whereas, Japan, South Korea, and Taiwan suffer from the current trade stando
2023-05-28 10:24:00 Sunday ET

Thomas Piketty connects the dots between economic growth and inequality worldwide with long-term global empirical evidence. Thomas Piketty (2017) &nbs
2017-12-09 08:37:00 Saturday ET

Michael Bloomberg, former NYC mayor and media entrepreneur, criticizes that the Trump administration's tax reform is a trillion dollar blunder because i
2017-04-01 06:40:00 Saturday ET

With the current interest rate hike, large banks and insurance companies are likely to benefit from higher equity risk premiums and interest rate spreads.
2018-03-09 08:33:00 Friday ET

David Solomon succeeds Lloyd Blankfein as the new CEO of Goldman Sachs. Unlike his predecessors Lloyd Blankfein and Gary Cohn, Solomon has been an investmen