• Tech Titans Under Fire: Antitrust Actions, Executive Order 14024

  • Jul 5 2024
  • Duración: 15 m
  • Podcast

Tech Titans Under Fire: Antitrust Actions, Executive Order 14024

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  • Resumen

  • In this podcast series, we explore the implications and significance of Executive Order 14024, signed by President Joe Biden. This order sets the stage for a transformative shift in promoting competition within the American economy. By targeting market concentration, lack of competition and anticompetitive practices, the order aims to benefit consumers, workers, small businesses and farmers alike.

    A key focus of the executive order is on the labor market, where mergers and acquisitions can impact competition levels, leading to lower wages and reduced job opportunities for workers. Through revised guidelines, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) aim to prevent companies from gaining excessive market power and exploiting labor markets.

    Furthermore, the order addresses challenges in the tech industry related to platform dominance. Big tech companies face scrutiny for their anticompetitive practices and the order calls for stricter oversight and the establishment of new regulations to curb such behavior. Join us as we explore how this executive order reshapes competition policies, protects consumers and fosters a fair and innovative economy for us as well.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/info-they-would-never-share-with-us--6194152/support.
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