Money talks: Regulating the digital economy
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 24 May 2016
⏱️ 16 minutes
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| 0:00.0 | Do you hear that? |
| 0:05.0 | It might sound like nothing to you, |
| 0:07.0 | but it's actually the sound of nuclear, wind and solar energy. |
| 0:11.0 | At EDF, we're busy generating more British zero carbon |
| 0:14.8 | electricity than anyone to help keep future energy costs down for everyone and |
| 0:19.1 | help cut UK carbon emissions to nothing. Sound good to you? Find out more about our |
| 0:24.8 | zero carbon generation at EDF Energy.com slash helping Britain. |
| 0:30.0 | The Economist. |
| 0:34.0 | Hello, I'm Andrew Palmer, the Business Affairs Editor, and this week on Money Talks, is your |
| 0:39.3 | quin-wa habit hurting farmers in Peru and Bolivia. |
| 0:43.0 | Sumer Keynes joins us later to discuss this quinoa quandary. |
| 0:46.4 | If the market for quinoa has just fundamentally been changed, then these farmers can't |
| 0:51.7 | compete on price anymore. |
| 0:55.8 | First though, the European Commission is due this week to release its thinking |
| 0:59.6 | on how to regulate the digital economy. |
| 1:02.1 | The Commission is specifically looking at online platforms, which cover social networks like |
| 1:06.8 | Facebook, online marketplaces like Amazon and search engines like Google, as these powerful |
| 1:12.3 | firms gain an ever growing share of their markets, |
| 1:15.5 | some worry they will use that power to stifle competition. |
| 1:19.2 | John O'Sullivan, our economics editor, is here now to tell us more. And John, let's start with what an online platform is. |
| 1:25.5 | Can you define it for us? |
| 1:26.8 | Well, I think it's best to just to first define what a platform is. |
... |
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