2017年6月10日 星期六

READING JOURNAL : Are Google, Amazon and others getting too big?

The US tech giants Apple, Google's parent Alphabet, Microsoft, Amazon and Facebook are the five biggest companies in the world by market capitalisation. Their increasing dominance is fuelling concerns about competition and data privacy.

So are regulators about to get tough?

Shares in Amazon and Alphabet raced past the $1,000-mark this month, the latest sign of the companies' growing might.

Google is expected to attract more than 40% of digital advertising dollars this year; Amazon is on track to collect half of US online sales by 2021, according to at least one analyst.

But as investors cheer their rise, it's also causing concern amongst the powers that be.

US regulators have long lagged Europe when it comes to cracking down on anti-competitive behaviour but Jonathan Kanter, a Washington-based antitrust attorney at Paul Weiss, believes attitudes may be changing.
"People are asking questions about whether the tools and principles that have been used previously are the right ones to continue using.

"There are certainly lots of people who think that there needs to be some change."
I think website is convenient , but somebody might use it to do bad thing , so we have to think some ways to deal with , or we had better not use website too long.

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