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The only difference is this: > ‘covered platforms’ (companies that have a half-million monthly U.S. users and more than $600 billion in market cap) There are
by Aissen 5y ago
The only difference is this:
> ‘covered platforms’ (companies that have a half-million monthly U.S. users and more than $600 billion in market cap)
There are only 8 companies in the world that match the market cap. Probably 6 if you add "users": Apple, Microsoft, Amazon, Google, Facebook, and probably Tencent.
- bogota 5y agoSounds like this would be easily defeated by spinning amazon out into different companies? Maybe that is a good end result though.
- ethbr0 5y agoI haven't looked at any formal studies of the net effects of the Bell breakup, but I'd be hard-pressed to say they were net negative. Especially with a relatively light "break-up, then allow to recombine as market evolution renders their previous monopoly moot" long-term approach.
- ben_w 5y agoEspecially as Amazon is already many companies, in many different jurisdictions, and covering different product and service categories: https://opencorporates.com/corporate_groupings/Amazon https://opencorporates.com/corporate_groupings/Amazon
- tedunangst 5y agoSpinning off AWS, which is pretty independent, might be enough.
- ab_testing 5y ago600B seems like a totally arbitrary made up number to target Amazon but leave out Walmart (which is close to 400B). Looks like Walmart lobbying dollars are bearing fruit.
- deleted 5y ago[deleted]
- chomp 5y agoSeems like they set a high market cap to carve out head room for Walmart.