Consequential damages to the marketplace yeah you know already communist china is saying they might even be shutting down some of their pop up hospitals what does it say about health care the most Expensive Health care system in the world the United States in terms of tax capita income in working this out in the United States the Coronavirus Response in general as it relates to the markets the big question is how overrule ruly end now damaging will the buyers be and so if its 10 times worse than the flu and thats going to have a consequential damage and major stress on the u. S. Health care system yeah but it was many you just said if you just said in defense of that you have taken defensive positions why is that and whats it like actually at sky Bridge Capital right now as the information filters in and you get new cases every other hour or so every other day i mean this is my 30 and i was in the white house for 11 days prior to that. That and after that and ive been doing this for 31
We speak to a Home Office Minister who dealt with windrush scandal permanent secretary so if it were up im now planning to take the government to court all of them all coming up in todays going on the ground but 1st lets go straight to the patient that Corporate Media is most concerned about when it comes to coronavirus wall street joining me now is the former White House Communications director and the founder of sky Bridge Capital anthonys car mucci as he thanks so much for coming back on the show so how confident are you about trumps pick as the czar for coronavirus v. P. Pence is he competent enough to it to manage this well potentially could be a National Emergency well i do think the Vice President 1st of all thank you for having me and i do think the Vice President is competent enough. To get out of the way and he will allow experts to take the forefront were under best of now the president is indicating that he wants all information to funnel through the Vice President and so o
A common refrain we hear from Tech Companies is, during the course of the investigation, but also on my own, since i have minute them in my district is that they cant be violating Anti Trust Laws and the primary argument is that many of their products are cheap or free, and therefore they are inherently benefiting. We have talked about this, to me the big question is its free really free . Consumers are paying for the product that they use, paying ended up, paying in privacy that they give up and often dont know they are giving up. The big Tech Companies and use that data to build these massive empires of information about consumers that give them spectacular advantage over newcomer businesses, allowing the companies to scrutinize every aspect of peoples lives, create and sell products that have the best chance of being successful. You mentioned the history of acquisitions. Facebook at made 67 on talents acquisitions, amazon has made 97, and google had made 214, mostly unchallenged acq
One on the role of data and prime fancy into competition. I recognize myself, i should state the obvious im, not bitter of the subcommittee, and chairs the subcommittee, the chair of the committee will be here in a few minutes. It has never been easier to share news and information that content and communicate with loved ones, all at a moments notice. Given the technological recognitions it, has added to the balance of power in our economy. Its important for us to understand how this affects americans, what is causing the asymmetries of power and whether these new and growing inequalities are compatible with our democratic values. The committees ongoing is a key part of this practice. Todays hearing, we will examine the role that data plays and maintaining any qualities of power, and how this affects competition. As previous hearings have shown, the growing share of Congress Communications is now controlled by a small number of companies. These platforms are innocent, largely intermedi
Test dr. Valletti, you mention the acquisitions and the history of acquisitions. As of 2018 facebook had made 67 unchallenged acquisitions. Amazon had made 97 unchallenged acquisitions. And google had made 214, mostly unchallenged acquisitions. And you proceeded over the ec, eu investigation of google, amazon, and facebook. Two questions. What kind of access do these questions have to consumers as a result of those acquisitions . Then you talked about the thresholds being one of the potential problems for why investigations arent opened. Do the thresholds of investigation need to change if we are to challenge some of these acquisitions . Thank you very much for the question, congresswoman. Do the thresholds have to change . Im very pragmatic. To the extent people have powers to look into it, fine by me. Im even in favor of changing very strategic platforms with such a big market power, i would wonder instead of asking the authorities to prove there is anticompetitive, then they could r