What the Tech Antitrust Hearing Did and Did Not Prove | Tech In :60 | GZERO Media скачать в хорошем качестве

What the Tech Antitrust Hearing Did and Did Not Prove | Tech In :60 | GZERO Media

Nicholas Thompson, editor-in-chief of WIRED, discusses technology industry news today:​ What happened at the antitrust hearings this week? Well, CEOs of Apple, Amazon, Google, Facebook testified in front of the Subcommittee in Antitrust of the House Judiciary Committee for five hours. There's a fair amount of nonsense and conspiracy talk, but mostly it was a pretty good hearing where the House members dug into questions about whether four companies abused their market positions to their advantage? Whether they used predatory pricing to drive competitors out of the market? Whether they used inside information from their services to identify and then copy and kill competitors? And the evidence that was presented, if I were to sum it up quickly, is, yes, they did do that. They did abuse their market power. But what wasn't presented was clear evidence of consumer harm. We know they acted in ways that distorted capitalism, but were people really hurt? That's a big question. I look forward to their report. Subscribe to GZERO on YouTube: http://bit.ly/2TxCVnY For more GZERO news and videos: https://www.gzeromedia.com/ Subscribe to the GZERO podcast: https://podcasts.apple.com/us/podcast... Like GZERO on Facebook:   / gzeromedia   Follow GZERO on Twitter:   / gzeromedia   Follow GZERO on LinkedIn:   / 18385722   GZERO Media is a multimedia publisher providing news, insights and commentary on the events shaping our world. Our properties include GZERO World with Ian Bremmer, our newsletter Signal, Puppet Regime, the GZERO World Podcast, In 60 Seconds and GZEROMedia.com #In60Seconds #Technology #Antitrust