EU's Vestager Says Tech Shouldn't Illegally Use Dominant Position

The video discusses the dominance of US tech companies like Amazon, Facebook, and Google in Europe. It highlights that their success is largely due to consumer preference for their products. However, it questions the need for these companies to engage in illegal practices to cement their dominance. The video emphasizes that as long as companies innovate and compete on merits, they are welcome to succeed in Europe. It warns against misusing a dominant position for illegal activities.

What is a primary reason for the success of US tech companies like Amazon and Google in Europe?

• Their partnerships with local European companies

• Their ability to avoid European regulations

• The popularity of their products among European consumers

• Their aggressive marketing strategies

Why is it surprising to see illegal practices by popular tech companies in Europe?

• Because they are already well-liked by consumers

• Because they have no competition

• Because they are new to the market

• Because they are not subject to European laws

What is suggested as a key factor for tech companies to maintain their success in Europe?

• Acquiring local competitors

• Expanding into new markets

• Innovating and competing on merits

• Offering the lowest prices

What should companies avoid doing with their dominant position in the market?

• Investing in local communities

• Expanding their product range

• Misusing their position for illegal activities

• Collaborating with other companies

According to the discussion, what is the source of power for tech companies in Europe?

• Their financial resources

• Government support

• Their global presence

• Consumer preference and satisfaction