WASHINGTON, Feb 28 (Reuters) – The Biden administration on Tuesday said it will require companies winning funds from its $52-billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare.
Biden to require chips companies winning subsidies to share excess profits
Tag: revenue sharing
Facebook’s news censorship in Australia: A battle between monopolies
Facebook’s news censorship in Australia: A battle between monopolies
However, socialists and progressives in the country are wary of taking any sides in what they see as a battle between monopolies. Media outlets owned by Rupert Murdoch’s News Corp hold a monopoly of over 70% of the national print readership. Murdoch is also one of the biggest advocates of the bargaining code, which has also inspired other media corporations around the world.