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Abdulaziz Al-Harbi is the newly appointed acting chief executive officer of Saudi Arabian Mining Co. (Ma’aden). Ma’aden is one of the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. According to the company, Al-Harbi has more than 30 years’ experience in project management, planning and operations. Prior to his appointment as acting CEO, Al-Harbi served as executive vice president for shared services & security. Before that, he served as president for Ma’aden Bauxite and Aluminum Co. (MBAC) and the Ma’aden Aluminum Co.(MAC), US, which he led from project phase until they became operational. ....
Font Size: Don’t look now, but Google is in trouble. The end of 2020 has brought with it a flurry of lawsuits targeting the tech giant’s allegedly unlawful business practices. In late October, the Justice Department pursued antitrust charges for “[using] anticompetitive tactics to maintain and extend its monopolies in the markets for general search services, search advertising, and general search text advertising,” according toThe Wall Street Journal. This month, two separate coalitions of attorneys general from dozens of states have also filed suits for similar reasons. The question now is if prosecutors can win their antitrust cases. There are two parts to winning a modern antitrust case: proving that there is a monopoly and proving that the monopoly in question unfairly harms the market and came about through predatory means. ....
Yves here. Get a cup of coffee. This is an in-depth but accessible discussion of how the Big Tech monopolists abused their powers to secure and perfect their advantaged positions. The good news is that the government sleeping giant has awoken to the threat they pose to its authority, and it pulling out antitrust weapons with the aim of cutting the monopolists down to size. Consider a conversation Alastair Mactaggart had among friends at a social outing. The San Francisco real estate developer asked an engineer working for Google whether we should be worried about privacy. “Wasn’t ‘privacy’ just a bunch of hype?” Mactaggart asked. The Google engineer’s reply was chilling: “If people just understood how much we knew about them, they’d be really worried.” ....