Antitrust Action Against Tech Is Overdue and Solves a Lot of Problems, NYU's Galloway Says

Antitrust Action Against Tech Is Overdue and Solves a Lot of Problems, NYU's Galloway Says

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the potential regulatory actions against major tech companies like Amazon, Facebook, and Google. It explores the benefits of breaking up these conglomerates, citing historical examples where such actions led to increased value and innovation. The discussion highlights the ineffectiveness of fines and regulations, advocating for antitrust measures to foster competition. The conversation also touches on past regulatory failures, such as Facebook's acquisition of Instagram, and predicts a future where these tech giants may be divided into smaller entities to enhance market competition and innovation.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do tech investors have regarding the current state of major technology companies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential outcomes could arise from the breakup of companies like Google and Facebook?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How have past breakups of companies affected their overall value in the long term?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do fines play in regulating large technology companies, according to the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the FTC's clearance of Facebook's acquisition of Instagram?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical context is provided regarding antitrust actions in the technology sector?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could breaking up large tech companies benefit competition and innovation?

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