2019-10-21 10:35:00 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
American state attorneys general begin bipartisan antitrust investigations into the market power and corporate behavior of central tech titans such as Apple, Amazon, Facebook, and Google. From all U.S. states except California and Alabama, the key state attorneys general (AGs) launch bipartisan antitrust investigations into the current tech business practices. Specifically, the state AGs assess whether it is legitimate for Facebook, Google, and Amazon etc to connect online ads to specific Internet platform search and newsfeed results. Moreover, the state AGs examine whether Apple monopolizes the markets for mobile apps and multi-media services via App Store and its music and video partnerships with Spotify and Oprah Winfrey Network. However, these tech titans run different business models. Facebook finds its unique business niche in social media ads; Google dominates in Internet search and key other software services; Amazon specializes in e-commerce for consumer products; and Apple focuses on smart mobile devices and app services.
Throughout this new antitrust probe, the main economic thread suggests that these tech titans may amass anti-competitive market power. The investigative group of 48 state AGs thus poses a major antitrust threat to Amazon, Apple, Facebook, and Google. With new regulations, the potential fines and penalties can involve billions of dollars for these tech titans.
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.
2025-08-09 11:31:00 Saturday ET

Wharton e-commerce entrepreneurship professor Dr Karl Ulrich explains that many top-notch universities now provide massive open online courses (MOOCs) for m
2019-11-23 08:33:00 Saturday ET

MIT financial economist Simon Johnson rethinks capitalism with better key market incentives. Johnson refers to the recent Business Roundtable CEO statement
2019-11-19 09:33:00 Tuesday ET

American unemployment declines to the 50-year historical low level of 3.5% with moderate job growth. Despite a sharp slowdown in U.S. services and utilities
2018-05-04 06:29:00 Friday ET

Commerce Secretary Wilbur Ross suggests that 5G remains a U.S. top technology priority in light of the telecom merger proposal between Sprint and T-Mobile a
2019-11-06 12:29:00 Wednesday ET

Our fintech finbuzz analytic report shines fresh light on the fundamental prospects of U.S. tech titans Facebook, Apple, Microsoft, Google, and Amazon (F.A.
2020-03-19 13:39:00 Thursday ET

The business legacy and sensitivity of Steve Jobs can transform smart mobile devices with Internet connectivity, music and video content curation, and digit