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.
2019-01-10 17:31:00 Thursday ET
The recent Bristol-Myers Squibb acquisition of American Celgene is the $90 billion biggest biotech deal in history. The resultant biopharma goliath would be
2023-12-09 08:28:00 Saturday ET
International trade, immigration, and elite-mass conflict The elite model portrays public policy as a reflection of the interests and values of elites. I
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
2018-12-03 10:40:00 Monday ET
Bank of England publishes its latest insights into the economic impact of Brexit on British real productivity, capital investment, and labor supply as of 20
2019-12-10 09:30:00 Tuesday ET
Federal Reserve institutes the third interest rate cut with a rare pause signal. The Federal Open Market Committee (FOMC) reduces the benchmark interest rat
2017-08-01 09:40:00 Tuesday ET
In American states, all of the Top 4 richest people are self-made billionaires: Bill Gates in Washington, Warren Buffett in Nebraska, Michael Bloomberg in N