2018-07-15 11:35:00 Sun 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
Facebook, Google, and Twitter attend a U.S. House testimony on whether these social media titans filter web content for political reasons. These network platforms have undertaken key attempts to improve transparency with minimal discrimination. For instance, Facebook has bent over backwards to placate conservatives in light of the social network giant's recent failure to remove specific pages on conspiracy theories. Google's video channel YouTube rep emphasizes that giving preference to content of one political ideology over another would fundamentally conflict with universal service provision. Twitter's strategists suggest that its primary purpose is to serve key user interactions with neither value judgments nor personal beliefs.
These online platforms then experience sharp stock market gains soon after their congressional clarification. In recent times, Google receives a $5 billion fine over anti-trust abuses in relation to its Android mobile operating system. The European Commission deems that Google has abused its dominant market position with 80% revenue intake in the smart phone market by forcing manufacturers to pre-install Google Search and Chrome. As a result, this unfair practice prevents several other tech firms such as Amazon, Alibaba, HuaWei, and Oppo from being able to find alternative manufacturers for Android mobile devices. Despite this harsh penalty, Google's recent stock market performance remains robust.
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2018-09-29 12:39:00 Saturday ET
The Securities and Exchange Commission (S.E.C.) sues Elon Musk for his August 2018 tweet that he has secured external finance to convert Tesla into a privat
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As the French economist who studies global economic inequality in his recent book *Capital in the New Century*, Thomas Piketty co-authors with John Bates Cl
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Most business organizations should continue to create new value in order to achieve long-run success and sustainable profitability. Todd Zenger (2016)
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Platforms benefit from positive network effects, scale economies, and information cascades. There are at least 2 major types of highly valuable platforms: i