Money with Mickey 10/23/2020
The U.S. House antitrust committee released its report after an 18-month investigation of the business practices of Google, Apple, Amazon, and Facebook. Tuesday, the Department of Justice filed an anti-trust lawsuit against Google for maintaining “unlawful monopolies” in its search and advertising business.
Mickey Cargile from Cargile Investments joined Wake Up West Texas to explain what’s going on.
Below are the questions that Mickey answered:
Q1: Mickey, what is our history regarding anti-trust laws?
Q2: Why does the government want to punish companies just because they excel in their business?
Q3: What will be the long term impact on big tech and their stock prices?
Mickey Cargile joins Wake Up West Texas every Thursday at 6:45 a.m.
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