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Written materials. You are the ema offices that required for all meetings. I expect all members to wear a mask expect when speaking. I recognize myself for an opening statement. More than a year ago, this subcommittee launched an investigation into Digital Markets. The twoives b have been to document problems and since then, weve received millions as well as conducting hundreds of hours of interviews. There were experts here, the subcommittees Ranking Member. We work closely with all members who have taken this work seriously and study the issues. This is the most bipartisan effort ive been involved with. The purpose of todays hearing is to examine the dominance of amaz amazon, apple, facebook and google. Amazon runs the Largest Online marketplace in america, c capturing 70 of all online marketplace sales. It operates a ....
On twitter or facebook. Lets start with yesterdays hearing. Chairman of the house judiciary antitrust subcommittee kicking off this hearing in the opening remarks saying that he believes these Companies Need to be reined in. The practices have armful economic effects. They discourage entrepreneurship, destroy jobs, and degraded quality. Simply put, they have too much power. This power staves off new forms of competition, creativity, and innovation. While these firms produce individual products, the dominance is killing Small Businesses, manufacturing, and dynamism that our engines of the american economy. Several firms harvest and abuse peoples data to sell ads from everything to new books and dangerous miracle cures. They cant run away fast enough. There is no escape from the surveillance because there is no alternative. People are stuck with bad options. Open markets are pr ....
The openingaight to market in asia. David lets get a really quick rehab recap of what happened overnight, not a big one. You have an overlap of constituents, but have a look at mexico and brazil. That is the emerging markets, so we had goldman joined by jpmorgan. Seeing the funds will continue. The e. M. Weibo continue whether it is equity or incomes. Equity, goldman says in india, that is where e. M. Equity managers manages income in both countries. Lets move over to asia. Four markets open at this point. When you talk about australia, of course, you were looking at a fairly large drop this morning. We are basically getting hold back sharp and signaling some pullback in the equities market with some relations there. No major data is due today, so we are not going to be expecting , hopefully not in a bad way. Fx markets, a few things to know. The dollaryen pushing the tides overnight, little bit about that at the moment, 10611 handles. That being said, were not really getting a bid you ....