Google, Facebook, Amazon Push For New Antitrust Markets

Internet companies, and regulators for that matter, are increasingly using the word “ecosystem” to describe their business models. Those days where these companies operated just in one market are long gone. Google’s self-driving car unit, Waymo, has driven more miles than any other company, Facebook is planning to launch GlobalCoin, a crypto currency. Apple partnered with Goldman Sachs and Amazon isn’t a bookstore anymore. How this is going to affect market definitions?

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Amazon’s EU Antitrust Woes Have Just Started

Amazon.com is facing three antitrust investigations across Europe. Germany and Austria opened probes against the company in 4Q and the European Commission is conducting a preliminary investigation over Amazon’s use of third-party sellers’ data. A $5 billion fine similar to the one imposed on Google isn’t likely given Amazon’s revenue in the market, but what it is at stake here is more than just money.

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