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.
2019-01-02 06:28:00 Wednesday ET
New York Fed CEO John Williams listens to sharp share price declines as part of the data-dependent interest rate policy. The Federal Reserve can respond to
2023-03-14 16:43:00 Tuesday ET
Several feasible near-term reforms can substantially narrow the scope for global tax avoidance by closing information loopholes. Thomas Pogge and Krishen
2019-10-03 17:39:00 Thursday ET
President Trump indicates that he would consider an interim Sino-American trade deal in lieu of a full trade agreement. The Trump administration defers high
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
2019-07-17 12:37:00 Wednesday ET
Gold prices surge above $1400 per ounce amid global trade tension and economic policy uncertainty. Both European Central Bank and Bank of Japan may consider
2023-07-21 10:30:00 Friday ET
Joseph Stiglitz and Andrew Charlton suggest that free trade helps promote better economic development worldwide. Joseph Stiglitz and Andrew Charlton (200