The United States Senate had earlier commissioned an investigation into claims that the "Big Four" tech companies - Amazon, Apple, Facebook and Google - exert monopolies on the main sectors in which they operate, and, furthermore, maintain them through systems that act in their favor. This process has resulted in findings that could be interpreted to uphold these complaints.
https://www.notebookcheck.net/A-US-Senate-Subcommittee-report-concludes-that-Google-Apple-Facebook-and-Amazon-abuse-their-positions-in-their-markets.497365.0.html
Anyone interested in this and monopolies and anti-competitive practices should check out the blog BIG by Matt Stoller. He did a much more thorough write-up on this, and has been writing about it and other, similar issues long before it was on most people's and publications' radars.
Quote from: vertigo on October 08, 2020, 09:34:45
Anyone interested in this and monopolies and anti-competitive practices should check out the blog BIG by Matt Stoller. He did a much more thorough write-up on this, and has been writing about it and other, similar issues long before it was on most people's and publications' radars.
Thanks a lot for that recommendation. Some great posts on the blog, specially the one on Warren Buffett..
Quote from: Daksh on October 08, 2020, 18:46:08
Quote from: vertigo on October 08, 2020, 09:34:45
Anyone interested in this and monopolies and anti-competitive practices should check out the blog BIG by Matt Stoller. He did a much more thorough write-up on this, and has been writing about it and other, similar issues long before it was on most people's and publications' radars.
Thanks a lot for that recommendation. Some great posts on the blog, specially the one on Warren Buffett..
Yeah, that was a good one. I really like that he doesn't seem to be biased either way, i.e. doesn't seem political. He is pretty indiscriminate in handing out criticisms of both sides.