The common theme with the biggest tech companies: walled gardens
Listen now
Description
The European Union is proposing new regulations on big tech companies and how they use their data, potentially to the detriment of competing companies. That is on the heels of the FTC and 46 states suing Facebook, and the FTC opening investigations into lots of other tech companies. One thing that both the EU and the FTC say is that these big tech companies impose anti-competitive conditions on third-party developers that operate on their platforms. Apple has been criticized over its App Store rules and Amazon over how it treats third-party sellers. The EU regulations would determine some companies to be “gatekeepers” subject to different rules. Molly speaks with Mark Lemley, a law professor at Stanford. Your support makes our podcast possible — become a Marketplace Investor today to keep us going strong.
More Episodes
The noncompete clause is dead! American tech workers are poised to benefit from the Federal Trade Commission’s new crackdown on the agreements, which prevent a company’s ex-employees from working for its rivals for a specified time. Also, Tesla’s profits crashed 55%. As electric vehicle sales...
Published 04/26/24
Published 04/26/24
When Jeff Bezos left Wall Street to start Amazon in 1994, the most common question he got was “What’s the internet?” Fast-forward to today, and Amazon is, of course, the country’s leading online retailer, as well as cloud services provider. In 2022, the company controlled almost 38% of the U.S....
Published 04/25/24