2019-08-18 11:33:00 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
House Judiciary Committee summons senior executive reps of the tech titans to assess online platforms and their market power. These companies are Facebook, Apple, Microsoft, Google, and Amazon (F.A.M.G.A.).
Congressional committee members focus on whether these tech giants abuse their clout to crush their rivals in social media, e-commerce, software, Internet search, and artificial intelligence. Antitrust scrutiny and tech compliance emerge from the sheer size of F.A.M.G.A. and so remain key bipartisan regulatory issues in America. F.A.M.G.A. represent the cumulative $4+ trillion equity valuation or almost 15% of U.S. stock market capitalization, and also amass $180+ billion in pre-tax profits or 10% of pre-tax profits made by U.S. public companies. In recent years, F.A.M.G.A. have spent billions buying rivals to stifle competition. The major merger deals are:
(1) the $20 billion acquisitions of Instagram, WhatsApp, and Oculus by Facebook;
(2) the $15 billion acquisitions of Whole Foods Market and PillPack by Amazon;
(3) the $45 billion acquisitions of LinkedIn, Skype, GitHub, and Nokia by Microsoft;
(4) the $16 billion acquisitions of DeepMind, Motorola, and Nest by Google; and
(5) the $10 billion acquisitions of Semetric Music, Shazam, and Turi etc by Apple.
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.
2024-04-02 04:45:41 Tuesday ET

Stock Synopsis: High-speed 5G broadband and mobile cloud telecommunication In the U.S. telecom industry for high-speed Internet connections and mobile cl
2019-03-07 12:39:00 Thursday ET

A physicist derives a mathematical formula that success equates the product of both personal quality and the potential value of a random idea. As a Northeas
2019-10-27 17:37:00 Sunday ET

International climate change can cause an adverse impact on long-term real GDP economic growth. USC climate change economist Hashem Pesaran and his co-autho
2019-07-29 11:33:00 Monday ET

Blackrock asset research director Andrew Ang shares his economic insights into fundamental factors for global asset management. As Ang indicates in an inter
2019-12-16 11:37:00 Monday ET

America and China cannot decouple decades of long-term collaboration in trade, finance, and technology. In recent times, some economists claim that China ma
2018-11-17 09:33:00 Saturday ET

Zillow share price plunges 20% year-to-date as its competitors Redfin and Trulia also experience an economic slowdown in the real estate market. The real es