Google must face trial ... that the internet search juggernaut dominates the online advertising technology market. Google argues ... that regulator had not accurately defined the ad tech market.—Reuters, June 14, 2024 Data Does Google dominate the digital advertising market? Figure 1 shows the total revenue shares of the firms that compete in the digital … Continue reading Google Loses Bid to End U.S. Antitrust Case over Digital Advertising
Month: June 2024
Canada Defends Capital Gains Tax Hike
Finance Minister Chrystia Freeland said a hike in the capital gains tax for the wealthiest will fund an ambitious housing program and other expensive social programs. "The responsible way to pay for those investments is to ask those at the top to contribute a little bit of money."–Reuters, June 10, 2024 What is capital? Capital … Continue reading Canada Defends Capital Gains Tax Hike
Canada Becomes First G7 Central Bank to Cut Interest Rates This Cycle
The Bank of Canada lowered its policy rate to 4.75 percent on June 5, having increased confidence that with an unemployment rate of 6.1 percent, inflation will continue to move closer to the 2 percent target. –Financial Times, June 5, 2024 What is the Bank of Canada’s policy target? The Bank of Canada’s policy aims … Continue reading Canada Becomes First G7 Central Bank to Cut Interest Rates This Cycle