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
Of four requirements. They have performed well in implementing the service plan and market and produce the events, increase the Community Stakeholders activities and maintain an active board of directors and subcommittees. I would like to invite her up to present accomplishments of the district. Thank you. Good morning i am the director of the yerba Community Benefit district. I have a few slides. First i want to highlight the district. It is basically between second and fifth streets on the south side of market down to perry, a half block south of harrison. The colors show you the different type of uses that we have in the neighborhood. We are fortunate to be a mixed use area and as a result of this we have a board of directors of 28 people who have to represent this diversity as well and very active board. We are thrilled and i know that cassandra has left we are thrilled this is done. It has had a significant economic benefit. We appreciate them adding public art to the neighborhood
Have their power back on. But that compares to 0 and 2 for alpine, kern and counties. Concern growing for some without power for the Third Straight day. Cornell barnard is live whe the power could be rerestored today. Yes, good news here. Power slowly coming back on to the santa rosa section of the oakmont section of santa rosa. Come on inside. This is a small s gtrroceglryed during the power outage, and they did successfully. One county supervisor has a lot ofarsh words for pg e saying if this happens again, the county needs help. It was disgraceful. Absolutely disgraceful. Theres oakmont. A retourment community in santa rosa. Theres 5,000 elderly here, and they deserve to be protected. Its been crazy. Just crazy. Reporter dave was restocking pints of ice cream he kept frozen in giant ice chests during the pg e shutdown. He owns oakmont Village Market in santa rosa. The power went out wednesday morning but closing his doors was not an option. We had to stay open for the community. Its
1. 5 two year just below that at 1. 478 overnight in china, look at those stocks and youre going to see the nikkei was up by 2 , 2. 1 in shanghai, market there up by a percent and hang seng closed flat and then if youre looking at what has been happening in europe with the early trading taking place this morning, you will see mostly green arrows there. The cac up by. 9 . So is the dax. The ftse down by half a percent. Cnbc has you covered for all of the big global stories that are moving markets today were going to take you to hong kong for the latest comments from carrie lam. An update on the political crisis in the uk over brexit exclusive update on the tariff fallout for small retailers. Lets start in washington now, with the news that the the big news that is moving the markets now, trade talks with china, set to resume next month. What do you got here the news breaking last night out of beijing, the Foreign Ministry issuing a statement, here is the cnbc translation of the Foreign