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Transcripts For CSPAN2 Amazon Google Officials Testify On Smart Home Technology Market 20240710

I call this hearing of the subcommittee on competition, policy, antitrust and consumer rights on protecting Innovation And Consumer choice in home technologies the order. To order. Good afternoon. Welcome to our witnesses. This hearing continues Senator Lee and my and our committee members bipartisan review of americas monopoly problem. And i thank Senator Lee and his staff for working with our staff to plan this hearing. The Competition Policy Subcommittee has been examining the problems that arise when a handful of companies become powerful enough to distort competition in the marketplace. So far weve seen that excessive Market Power benefits the few companies able to wield it at the expense of consumers, businesses and workers. Our current antitrust laws have not been effective in stemming the rise of Monopoly Power or its abuse by dominant companies. As a result, we see competition problems in industry after industry across our economy. Today well examine an emerging industry that

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Transcripts For CSPAN Amazon Google Officials Testify On Smart Home Technology Market 20240710

I call this hearing of the subcommittee on Competition Policy, antitrust and consumer rights on protecting Innovation And Consumer choice in home technologies to order. Good afternoon. Welcome to our witnesses. This hearing continues, senator and my and our committee members bipartisan review of americas monopoly problem. And i thank Senate Lee and his staff for Senator Lee and his staff for working with our staff to plan this hearing. The Competition Policy subcommittee has been examining the problems that arise when a handful of companies become powerful enough to distort competition in the marketplace. So far weve seen that excessive Market Power benefits the few companies able to wield it at the expense of consumers, businesses and workers. Our current antitrust laws have not been effective. As a result, we see competition problems in industry after industry across our economy. Today well examine an emerging industry that could fall prey to the same dynamic, connected Home Technolo

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Transcripts For CSPAN Amazon Google Officials Testify On Smart Home Technology Market 20240710

Amazon and Google Officials testified on the smart Home Technology the market before a senate judiciary subcommittee. Topics included smart dices, Data Security devices, Data Security, antitrust and consumer privacy. This is just over two hours. [inaudible conversations] i call this hearing of the subcommittee on Competition Policy, antitrust and consumer rights on protecting Innovation And Consumer choice in home technologies to order. Good afternoon. Welcome to our witnesses. This hearing continues, senator and my and our committee members bipartisan review of americas monopoly problem. And i thank Senate Lee and his staff for Senator Lee and his staff for working with our staff to plan this hearing. The Competition Policy subcommittee has been examining the problems that arise when a handful of companies become powerful enough to distort competition in the marketplace. So far weve seen that excessive Market Power benefits the few companies able to wield it at the expense of consumer

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New-york
United-states
Stockholm
Sweden
Minnesota
Virginia
Switzerland
Chicago
Illinois
London
City-of

Transcripts For CSPAN2 Senate Judiciary Subcommittee Hearing On Competition In App Stores 20240710

Good afternoon everyone. Sorry we are a little late but we had a vote this afternoon and thank you, senator lee, for working with me and our two staff together on this hearing. I called to order this hearing of the subcommittee on competition, policy and antitrust Consumer Rights and the title of this hearing is antitrust applied examining competition in app stores. I welcome our witnesses in our hearing and we will examine the scope of americas monopoly problems and discuss what should be done to protect and foster competition in the 21st century. Today we will focus on competition in what we call the app economy. We will discuss competition waiting for the mobile obligations that run on her smart phone including revenues generated through app sales and App Purchases as well as app related ad revenues and sales of devices designed to run apps. In 2020 global revenues have been estimated at more than 580 billion and they are projected to grow to more than 900 billion by 2023. In just t

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Transcripts For CSPAN Senate Judiciary Subcommittee Hearing On Competition In App Stores 20240710

Heard complaints of App Store Developers who accuse them of anticompetitive practices. This is just under three hours. Good afternoon, every bun everyone. Sorry we are a little late but we had a vote this afternoon and thank you, senator lee, for working with me and our two staff together on this hearing. I called to order this hearing of the subcommittee on competition, policy and antitrust Consumer Rights and the title of this hearing is antitrust applied examining competition in app stores. In a. I welcome our witnesses in our hearing and we will examine the scope of americas monopoly problems and discuss what should be done to protect and foster competition in the 21st century. Today we will focus on competition in what we call the app economy. We will discuss competition waiting for the mobile obligations that run on her smart phone including revenues generated through app sales and App Purchases as well as app related ad revenues and sales of devices designed to run apps. In 2020

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America

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