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[Balint098]

As reported by Reuters, Japanese branch of antitrust watchdog has said through its leader that they will join other nations to combat the abuses that the big four tech corporations have done so far. Kazuyuki Furuya, the head of Japanese's Fair Trade Commission, supported this effort and has said that they could investigate any allegations of market abuse or monopoly in the future. These corporates include Google, Apple, Amazon and Facebook.

 

[Wisdom01]

Yeah but why would they join other nations and combat monopoly of those companies , if they can't compete why won't they try and reach the standard

 

[Niftyicon]

They should rather get themselves busy with keeping up with these corporations and stop all their hating on them. If they think there is market abuse or monopoly going on, then create very fierce competitors for them.

 

[Reznov]

Yeah but why would they join other nations and combat monopoly of those companies , if they can't compete why won't they try and reach the standard

there's a reason behind that, competing isn't a possible thing against those giant companies, especially that they exist for a long time, they still got advantages such as clients trust, big capital and many other things

 

[Wisdom01]

there's a reason behind that, competing isn't a possible thing against those giant companies, especially that they exist for a long time, they still got advantages such as clients trust, big capital and many other things

Well you are right I would have expected them to think of something better like using laws to guide their operations, instead combating monopoly and others

 

[Niftyicon]

If it is about market abuse, then an investigation is needed but if it is about monopoly, then it lies in the hand of the competitors.

 

[ELSA-ELI]

Well its good news if the primary core or agenda is to ensure transparency in the operation or trsnsaction of cryptocurrency while st maintaining the anonymity.

 

[Brain]

Good that this effort has been put in place. Investigating allegations of market abuse or monopoly in the future. Google, Apple, Amazon and Facebook is really doing their best

 

[Rezponze]

Hope this is not monopoly of tech power..
Abuse conspiracy is only for weak

 

[Brain]

Hope this is not monopoly of tech power..
Abuse conspiracy is only for weak

I don't think so i believe it just about them coming together to fight abuses that are detrimental to anyone wellbeing. I think this will bring about positive effects

 

[Josemendez]

These four mentioned tech companies never forced themselves on people , their products were good and thus people prefer them . I think they should work more on themselves I stead of this jealous thought

 

[Reznov]

These four mentioned tech companies never forced themselves on people , their products were good and thus people prefer them . I think they should work more on themselves I stead of this jealous thought

that's what i actually thought of, if anyone is planning to install his name in the market, he must prove his quality to people, competition was never easy, especially in tech domaines

 

[Wisdom01]

Hope this is not monopoly of tech power..
Abuse conspiracy is only for weak

I dont think its like that amd the monopoly of those tech power would be hard to remove because they obviously provide so many employment and linkup

 

[Corzhens]

I like the idea of controlling huge companies that try to be a monopoly. Google is the first on my list because it has the habit of buying small tech companies like YouTube and Waze. Anyway, it is not easy to impose a regulation on the issue because the tech giants would definitely fight back.

 

[gammarays]

They should rather get themselves busy with keeping up with these corporations and stop all their hating on them. If they think there is market abuse or monopoly going on, then create very fierce competitors for them.

Do you call that hating? Maybe you need to experience the abuse done by those firms especially Google, Facebook and Amazon. They've done illegal stuffs with people's data but do get away due to their influence.

 

[ELSA-ELI]

This is a good initiative that alot of countries have come onboard to curb global monopolization.We are looking forward to these companies to make the competition easy for smaller and new companies.

 

[Niftyicon]

Do you call that hating? Maybe you need to experience the abuse done by those firms especially Google, Facebook and Amazon. They've done illegal stuffs with people's data but do get away due to their influence.

Like you rightly mentioned, there is need for more productive methods to be employed in curbing the excesses of these giants given their influence. Ranting about it wouldn't do anything.

 

[CyberPreNurse]

These companies are truly going beyond their boundaries and it is very important for these countries to tackle them and make sure they do what is expected of them.

 

[amgad100100]

I think its another way to authorize the market between them and be more powerful and much controller to the market which they have their own sack .

 

[gammarays]

Like you rightly mentioned, there is need for more productive methods to be employed in curbing the excesses of these giants given their influence. Ranting about it wouldn't do anything.

Yes you're right. Those companies now hold the world hostage because of their dominance in the cyber space. Microsoft once had this dominance before it was broken.