When a company as large as Google that aims to hire the best and brightest fails to prove its value by making money, it’s not uncommon to see the course correction we’re seeing now. Between Netflix, Amazon, AT&T, Apple, and YouTube it appears the tech sector is remaking Hollywood in its own image. This is going to make a great show.
The FTC takes action to stop and prevent unfair business practices that are likely to reduce competition and lead to higher prices, reduced quality or levels of service, or less innovation. Anticompetitive practices include activities like price fixing, group boycotts, and exclusionary exclusive dealing contracts or trade association rules, and are generally grouped into two types: agreements between competitors, also referred to as horizontal conduct; and monopolization, also referred to as single firm conduct