Tag: technology and innovation
It’s easy to understand why presidential candidate Sen. Elizabeth Warren (D-MA) wants a law that would allow her as president to determine which billion dollar companies live or die: Politicians need money and large companies have it. The law she wants — the Accountable Capitalism Act — would give her hypothetical administration extensive power over [...]
Attorneys Generals from 48 states, Puerto Rico, and Washington DC have launched an investigation into Google for possible antitrust violations. Is there a basis for these investigations, or are the AG’s trying to get a say in how to run the tech giant? Watch Dr. Mark Jamison's take on the antitrust probe online at AEI.
The AGs are zeroing in on Alphabet — Google’s parent company — but they are sniffing around Facebook and other US tech leaders too. This is likely to be yet another costly investigation for Alphabet. The EU has already fined it about $9 billion. US federal antitrust authorities have investigated Alphabet before and are doing [...]
In 2015 I wrote about whether tech company profits were too high. I explained that the since about 90 percent of all tech startups either lose money or at best break even, the high profits of the few are needed to keep investors funding the sector. However, critics of America’s tech giants (see here and [...]
What would the tech industry look like if it were more regulated? It would become something billions of people around the world are saying they do not like. Read Dr. Mark Jamison's full blog post online at AEI.