Elon Musk on Apple (AAPL) and Google (GOOGL) collab, says it seems like an unreasonable concentration of power for Google, given they also have Android and Chrome
Newsquawk Staff ·
Elon Musk on Apple (AAPL) and Google (GOOGL) collab, says it seems like an unreasonable concentration of power for Google, given they also have Android and Chrome.
What it means
Elon Musk's comments regarding the collaboration between Apple and Google raise concerns about the concentration of power in the tech sector, particularly for Google, which holds significant influence through its Android and Chrome platforms. This could lead to increased scrutiny from regulators, creating uncertainty for both companies and potentially impacting investor sentiment in the tech space. Such dynamics are critical to monitor as they may influence market perceptions of competition and innovation.
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