Friday, July 2, 2021

Amazon marches towards monopoly by singing tune of antitrust

Amazons business strategies and current market dominance pose anti-competitive concerns that the consumer welfare framework in antitrust fails to recognise, wrote Lina Khan in the Yale Law School Journal. She is now the chairperson of the US Federal Trade Commission. https://ift.tt/3dE1L2v

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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...