Big Tech's Concentration of Power

The video discusses recent media mergers, including Discovery and AT&T's Warner, and Amazon's acquisition of MGM. It highlights Amazon's expansion into various sectors, such as groceries and retail, and its impact on its Prime membership. The video also covers Walmart's competitive efforts and the antitrust case against Amazon, reflecting on the broader consolidation of corporate power and its economic implications.

What was the main focus of the merger between Discovery and AT&T's Warner?

• To compete with Walmart

• To enter the grocery market

• To combine cooking shows and dramas

• To create a new tech company

Which iconic Hollywood studio did Amazon acquire?

• Paramount Pictures

• MGM

• Universal Studios

• 20th Century Fox

What was a significant move by Amazon in 2017?

• Acquiring Whole Foods

• Launching a new streaming service

• Partnering with Walmart

• Buying Netflix

What is the main feature of Walmart Plus?

• Free movie streaming

• Free shipping and delivery

• Exclusive access to concerts

• Discounted groceries

What legal challenge is Amazon facing according to the transcript?

• An antitrust case

• A labor rights lawsuit

• A patent infringement case

• A privacy violation case