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.
2019-01-15 13:35:00 Tuesday ET
Americans continue to keep their financial New Year resolutions. First, Americans should save more money. Everyone needs a budget to ensure that key paychec
2023-10-19 08:26:00 Thursday ET
World politics, economics, and new ideas from the Psychology of Money written by Morgan Housel We would like to provide both economic and non-economic th
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
2020-06-10 10:35:00 Wednesday ET
Most lean enterprises should facilitate the dual transformation of both core assets with fresh cash flows and new growth options. Scott Anthony, Clark Gi
2019-03-01 13:36:00 Friday ET
Global economic uncertainty now lurks in a thick layer of mystery. This uncertainty arises from Sino-U.S. trade tension, Brexit fallout, monetary policy nor
2018-12-17 08:43:00 Monday ET
Apple files an appeal to overturn the recent iPhone sales ban in China due to its patent infringement of Qualcomm proprietary technology. This recent ban of