What to Expect When Big Tech Goes Before Congress

What to Expect When Big Tech Goes Before Congress

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses upcoming hearings on Facebook's Libra and Google's antitrust issues, focusing on anti-conservative bias, competition, and privacy concerns. It highlights the FTC's $5 billion fine on Facebook and the implications of cryptocurrency regulation. The discussion also covers Facebook's global competition stance and the potential outcomes of antitrust investigations. The urgency of congressional actions before the 2020 campaign is emphasized.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding anti-conservative bias by major social media companies during the hearings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the expected impact of the FTC's fine on Facebook, according to the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Treasury Secretary Mnuchin characterize the issue of cryptocurrency regulation?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What argument did David Marcus present regarding America's role in digital currency innovation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did lawmakers express about Facebook's responsiveness to regulatory issues?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential changes to antitrust laws were discussed in relation to the hearings?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the congressional investigation in relation to antitrust issues?

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