2018-11-19 09:38:00 Mon 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
The Trump administration mulls over antitrust actions against Amazon, Facebook, and Google. President Trump indicates that the $5 billion fine against Google from the European Union makes him consider pursuing fresh rules and regulations on Amazon, Facebook, and Google.
There is a pervasive concern that these tech titans monopolize specific niches with both exorbitant market power and dominance. Amazon dominates in e-commerce and cloud service with substantial clout; Facebook specializes in social media with more than 2 billion active users; and Google monopolizes online search with 90%+ U.S. Internet search traffic. The tech titans seek to make productive use of artificial intelligence to expand into the adjacent markets for autonomous vehicles, smart home appliances, and many other mobile devices. For these relevant reasons, the Trump administration considers antitrust actions against these tech giants.
The Trump administration may impose one-off penalties on Amazon, Facebook, and Google etc for specific antitrust situations. However, President Trump has no comment on breaking up the tech titans. The prior Microsoft case can offer insights into this similar antitrust dilemma, and the Trump administration may further draw lessons from the rules and regulations on banks and pharmaceutical firms.
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.
2022-11-15 10:30:00 Tuesday ET
Stock market misvaluation and corporate investment payout The behavioral catering theory suggests that stock market misvaluation can have a first-order
2019-06-07 04:02:05 Friday ET
The world seeks to reduce medicine prices and other health care costs to better regulate big pharma. Nowadays the Trump administration requires pharmaceutic
2019-07-01 12:35:00 Monday ET
Apple releases the new iOS 13 smartphone features. These features include Dark Mode, Audio Share, Memoji, better privacy protection, smart photo collection,
2019-08-16 17:37:00 Friday ET
Amazon faces E.U. antitrust scrutiny over the current e-commerce use of merchant data. The European Commission probes into whether Amazon uses key third-par
2018-01-17 05:30:00 Wednesday ET
European Union antitrust regulators impose a fine on Qualcomm for advancing its key exclusive microchip deal with Apple to block out rivals such as Intel an
2017-03-09 05:32:00 Thursday ET
From 1927 to 2017, the U.S. stock market has delivered a hefty average return of about 11% per annum. The U.S. average stock market return is high in stark