This is the moment the U.S. technology superpowers surely knew was coming: The U.S. government is preparing to crawl all over Google to figure out whether it is an abusive monopolist. Google parent company Alphabet Inc. and the other tech giants should be quaking in their fleece vests. Bloomberg News and other news organizations reported that the U.S. Department of Justice is preparing to open an investigation into Google's compliance with antitrust laws. If it goes forward, an investigation will no doubt be broad, lengthy, messy, and impossible for Google and its investors to predict. That should terrify Google and every other big technology company — because there's no guarantee that the antitrust Klieg light will turn on one company alone. Read the whole thing. Mexico's Response to Tariffs Won't Make Trump Happy – Shannon O'Neil Roundup's Risks Could Go Well Beyond Cancer – Mark Buchanan Look Who's Winning the U.S.-China Trade War – Noah Smith The Wrong Vision for the Republican Party — and America – Karl W. Smith Donald Trump's Trade War Strategy Is Easy to Grasp – Timothy L. O'Brien Americans May Be Strapped, But the Go-To Statistic Is False – Michael R. Strain Has Biden Made His First Mistake? – Jonathan Bernstein No Wonder Donald Trump Loves Brexit So Much – Therese Raphael Why London Is Better Than New York – Tyler Cowen Saturday New Music Here are six new albums you can stream right now, including from Future and Pelican. This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the 10 most popular stories Bloomberg Opinion published this week, based on web readership, with some other stuff thrown in. |
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