NYU's Scott Galloway on Tech Regulation Under Biden Administration

The video discusses the acceleration of tech growth and the potential for increased regulation under the Biden administration. It explores antitrust issues facing big tech companies like Amazon, Google, and Apple, and the resistance from management to breakups. The discussion also covers US-China tech relations and the potential for more deliberate policies. Finally, it highlights the economic benefits of antitrust actions across various industries.

What analogy is used to describe tech companies' response to anticipated government scrutiny?

• Teenagers cleaning up before parents return

• A team getting ready for a match

• A school preparing for an inspection

• A company preparing for a merger

Which tech company is primarily associated with App Store regulation issues?

• Apple

• Facebook

• Amazon

• Google

What is the main reason management resists breaking up large companies?

• To keep control over a large empire

• To maintain a diversified portfolio

• To avoid legal challenges

• To protect employee interests

What is the expected outcome for shareholders after a company breakup?

• Shareholders typically lose value

• Shareholders see no change

• Shareholders typically gain value

• Shareholders face increased risks

What is suggested as the most oxygenating action for the economy?

• Increasing funding for the DOJ and FTC

• Encouraging mergers and acquisitions

• Promoting international trade

• Reducing taxes for large companies

Which industries, besides tech, are mentioned as needing antitrust attention?

• Retail and hospitality

• Automotive and textiles

• Banking and finance

• Big agriculture and pharmaceuticals

What is the perceived benefit of breaking up large companies for the economy?

• Decreased tax revenue

• Reduced competition

• Higher consumer prices

• Increased job growth and innovation