Vestager on Amazon Probe

The video discusses the EU Commissioner's actions against major tech companies like Google, Apple, and Amazon, focusing on tax issues and competition. It highlights Amazon's dual role in the market and the importance of understanding data usage. The future of platform companies is explored, considering the impact of emerging technologies like quantum computing and blockchain. The challenges of applying competition law to big tech are addressed, emphasizing the need for vigilance to prevent misuse of power and ensure innovation and consumer benefits.

What are the dual functions of Amazon as mentioned in the text?

What is the significance of understanding how data is used in the context of competition?

How does competition drive innovation according to the EU Commissioner?

In what ways does the EU Commissioner suggest that competition law may be lagging behind big tech?

What concerns does the EU Commissioner have regarding the misuse of power by big tech companies?