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Google should follow Amazon example to avoid EU competition concerns

Monday 18 September 2017 | 12:51 CET | Author: Tim Poulus | Market Commentary
Consolidation and the 'winner takes all' principle in the internet sector have resulted in three technology conglomerates: Amazon, Alphabet (Google) and Facebook (we leave Microsoft and Apple aside for this case). All three have grown through a series of takeovers, some spectacular. This raises the question whether standalone businesses like Netflix and Spotify can survive. Not only do these two companies have negative cash flow and depend on regular external financing, the cash positions of the 'big 3' - which measure in the tens of billions of dollars - loom large in contrast. Google is now

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Categories: Internet
Companies: Alphabet / Amazon / Apple / Facebook / Google / Microsoft / Netflix / Spotify / YouTube
Countries: World
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