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Donald Trump’s return to the White House next year could lead to a new wave of industry consolidation in the media and entertainment biz — and beyond. A second Trump administration is likely ...
Now, investors are leaning into “Trump Trade 2.0,” fueled by anticipated pro-business policies, tax cuts and deregulation under a unified Republican government. 45 percent of Americans think ...
Modern Food Industries – sold to Hindustan Unilever in 2000; Videsh Sanchar Nigam Limited – sold to Tata Group in 2002; Jessop & Company – sold to Ruia Group in 2003; Indian Petrochemicals Corporation Limited – sold to Reliance Industries; Hindustan Petroleum - sold to Oil and Natural Gas Corporation in 2017; IDBI Bank - 51% majority ...
Nvidia, which controls more than 90% of the U.S. AI chip industry, blasted the Biden Administration in a statement, arguing that the restrictions would hand market share to China.
The Hawke-Keating Labor governments were instrumental in implementing deregulation policies that resulted in modernizing Australia's economy. [16] Emerging industries replaced traditional ones that suddenly became non-competitive, as productivity in the finance, education and legal sector increased, as real wages grew concurrently. [16]
An example for industries that are no longer regulated is the rail service or airlines in the US. On the other hand, there are also industries that did not need regulation in the past, but are in need of it now. This includes for example the real estate market.
Deregulation is a cornerstone of Trump's platform, and he has promised to let the oil industry "drill, baby, drill." Already in 2024, US oil producers have been pumping record amounts of crude.
One problem that encouraged deregulation was the way in which regulated industries often come to control the government regulatory agencies in a process known as regulatory capture. Industries then use regulation to serve their own interests, at the expense of the consumer.