EU's Vestager Says Tech Shouldn't Illegally Use Dominant Position

EU's Vestager Says Tech Shouldn't Illegally Use Dominant Position

Assessment

Interactive Video

Business

University

Hard

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The video discusses the dominance of US tech companies like Amazon, Facebook, and Google in Europe. It highlights that their success is largely due to consumer preference for their products. However, it questions the need for these companies to engage in illegal practices to cement their dominance. The video emphasizes that as long as companies innovate and compete on merits, they are welcome to succeed in Europe. It warns against misusing a dominant position for illegal activities.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main reasons for the success of US tech companies like Google and Amazon in Europe?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it surprising to see illegal practices from companies that are popular among consumers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the relationship between consumer preference and market dominance?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's stance on the power of tech companies in the European market?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What warning does the speaker give regarding the misuse of a dominant market position?

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