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We’re discussing the tech industry in this episode and diving into the Big 4 in the industry – Google, Facebook, Amazon and Apple and their run in with the law for violating existing antitrust or competition laws. These laws exist to prevent monopolies in all industries from conducting anti-competitive behavior that threaten consumer welfare. But in this digital age, do these laws really apply considering consumer welfare can no longer hold the same meaning?
By thatswhattheysaidca5
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We’re discussing the tech industry in this episode and diving into the Big 4 in the industry – Google, Facebook, Amazon and Apple and their run in with the law for violating existing antitrust or competition laws. These laws exist to prevent monopolies in all industries from conducting anti-competitive behavior that threaten consumer welfare. But in this digital age, do these laws really apply considering consumer welfare can no longer hold the same meaning?