Before the pandemic, the number of cycle lanes and on-demand bike share schemes were rocketing across Europe. Shared public transport–scooters, bikes, cars–worked on the assumption that people in modern cities wanted to jump on whatever transport was available nearby, using an application, and leave them at stations or spaces when finished.
But there is a new trend, fuelled by Covid-19 and the rise in popularity of e-bikes; in a pandemic, people don’t want to rub shoulders with anyone else, they don’t want to share transport with people they don’t know and they need to not be sweaty or out of breath when they arrive at their destination.
Now, as countries clear roads for cycle lanes, and investors pour money into new European transport, it seems the public is ready for a new transport model for cycling–that of longer-term bike
(Amazon chief executive Jeff Bezos owns The Washington Post).
The report could provide a regulatory blueprint for lawmakers who have significantly ramped up rhetoric criticizing the tech giants in recent years, but have yet to actually pass any laws that would significantly check the industry’s power. The report’s authors, all Democrats, hope it will be a turning point for how Washington approaches corporate consolidation.
“ … Congress must revive its tradition of robust oversight over the antitrust laws and increased market concentration in our economy,” the report said.
Here are our top seven takeaways after sifting through the nearly 450-page report:
1. It proposes some most sweeping revisions to antitrust law in decades.
The report proposes changing existing laws in ways that could have far-reaching effects throughout the entire economy. The report recommends:
New limits on companies operating in adjacent lines of business, which could impact how tech companies operate