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This is possibly going to happen due to the anti-trust investigations into Apple, Amazon, Google and Facebook: > One possibility is what he described as a Glas
by benologist 6y ago
This is possibly going to happen due to the anti-trust investigations into Apple, Amazon, Google and Facebook:
> One possibility is what he described as a Glass-Steagall law for technology platforms. That Depression-era law separated commercial and investment banking until it was repealed during the Clinton administration. For tech companies, it would mean prohibiting them from running a platform and competing on it at the same time.
> That’s a common complaint about Amazon in particular because it both runs a marketplace and competes with third-party sellers with its own line of products.
https://www.bloomberg.com/news/articles/2020-08-26/house-antitrust-panel-to-propose-fixes-for-big-tech-dominance https://www.bloomberg.com/news/articles/2020-08-26/house-ant...
https://www.macrumors.com/2020/08/26/antitrust-investigation-apple-disturbing-behavior/ https://www.macrumors.com/2020/08/26/antitrust-investigation...