South Korea Targets Big Tech

The transcript discusses upcoming hearings where tech companies like Google and Facebook will face questions from lawmakers about unfair trade practices. Key figures such as Brian Kim and the CEO of Coupon will be present. Issues include governance, market dominance, and unfair contracts. The tech industry is reacting with changes, such as abandoning old models for mutual growth, but faces challenges from tightening regulations.

Which companies are expected to be questioned by lawmakers about unfair trade practices?

• Netflix and Spotify

• Microsoft and IBM

• Amazon and Apple

• Google and Facebook

What governance issue is Grand Cayman likely to be questioned about?

• Data privacy concerns

• Effect of holding company called Katie Holdings

• Employee satisfaction

• Environmental impact

What type of issues will Taco Coupon face during the hearings?

• Advertising practices

• Unfair contracts with vendors and labor issues

• Cybersecurity threats

• Product safety concerns

How did one tech company respond to the regulatory challenges?

• By increasing prices

• By abandoning its block model for mutual growth

• By reducing workforce

• By expanding into new markets

What is the general concern of the tech industry regarding regulations?

• Increased competition

• Decreased consumer trust

• Tightening regulations affecting investments

• Lack of innovation