The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021

The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021

There are ongoing investigations worldwide, including in the European Union and the United States, on the abuse of monopolistic power… For further reading, visit “The Hindu”. Below is today’s advanced word list-1 for The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021.

To read this article, click here.

This preview is provided here with permission.  

Courtesy: The Hindu

Today’s Advanced Word List 1 for The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021:

  1. antitrust (adjective) – relating to a legislation which is controlling monopolies and supporting fair and equal competition.
  2. Big Tech (noun) – the largest and most dominant companies in the information technology industry of the United States, namely Amazon, Apple, Google & Facebook.
  3. monopoly (noun) – exclusive/complete control of something by a person/organization.
  4. externality (noun) – products, by-products; end result, outcome, repercussion/reverberations.
  5. consumer surplus (noun) – consumer surplus is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay. (Producer surplus is the amount that producers benefit by selling at a market price that is higher than the least that they would be willing to sell for).
  6. ongoing (adjective) – continuing, happening/occurring, unending, unceasing, relentless.
  7. abuse (noun) – misuse, misapplication, misemployment, mishandling.
  8. monopolistic (adjective) – relating to a business that has total control of supply/trade in a service.
  9. break-up (noun) – the division of something into separate parts; division, splitting up, partition, breaking up.
  10. rival (noun) – In economics, a good is said to be rivalrous or a rival if its consumption by one consumer prevents simultaneous consumption by other consumers, or if consumption by one party reduces the ability of another party to consume it.
  11. jurisdictional (adjective) – relating to the official authority/power to make legal decisions about something.
  12. regulator (noun) – an association that supervises a particular business activity.
  13. lay down (phrasal verb) – formulate, establish, institute, determine.
  14. orderly (adverb) – well behaved, law-abiding, disciplined, controlled/restrained.
  15. thanks to (phrase) – as a result of, owing to, due to, because of.
  16. ubiquitous (adjective) – omnipresent, present everywhere, universal/worldwide, very common.
  17. obligation (noun) – duty, responsibility, commitment.
  18. debatable (adjective) – controversial, contentious, questionable/arguable.
  19. excludable (adjective) – relating to (private) goods/services which are limited to a few customers who pay, making them private.
  20. non-excludable (adjective) – relating to (public) goods/services which are free for the use of everyone, making them public. Excludable goods are private goods while non-excludable goods are public goods.
  21. non-rival (adjective) – relating to public goods that are consumed by people, but whose supply is not affected by people’s consumption.
  22. leverage (verb) – use, make use of, utilize (to maximum gain).
  23. consequently (adverb) – as a result, therefore, for this reason, because of that.
  24. certainly (adverb) – surely, definitely, unquestionably.
  25. commercialisation (noun) – the process of doing something to get financial benefit.
  26. avatar (noun) – type, case, epitome.
  27. Excludability (noun) – it is defined as the degree to which a good, service or resource can be limited to only paying customers, or conversely, the degree to which a supplier, producer or other managing body (e.g. a government) can prevent “free” consumption of a good/service.
  28. Non-excludability (noun) – a type of goods/services which are free for the use of everyone, making them public. Excludable goods are private goods while non-excludable goods are public goods.
  29. subtle (adjective) – delicate, sensitive, clever, accurate.
  30. trade-off (noun) – a situation in which you must choose between (balance) two things that are opposite or cannot be had at the same time; a compromise; swap, exchange.
  31. avail (verb) – use, utilize, take advantage of (an opportunity/resources).
  32. monetisation (noun) – In general, it is the process of converting something (e.g. an asset) into money.
  33. point out (phrasal verb) – identify, mention, indicate, draw attention to.
  34. public good (noun) – the benefit of the public; the well-being of the public.
  35. peculiar (adjective) – unusual, atypical, abnormal.
  36. resort to (verb) – use, utilize, turn to, have recourse to.
  37. personalised (adjective) – relating to something which is done to meet someone’s individual requirements.
  38. warrant (verb) – justify, necessitate, vindicate, validate.
  39. garner (verb) – receive, get, gain, obtain, acquire.
  40. pole position (noun) – a dominant position.
  41. anti-competitive practice/conduct/behaviour (noun) – business or government practices that unlawfully prevent or reduce competition in a market.
  42. acquire (verb) – get, obtain, take possession of.
  43. vertically (adverb) – hierarchically; in a way arranged in a hierarchy (different levels/ranks).
  44. erect (verb) – create, establish, form/set up.
  45. predatory (adjective) – exploitative, greedy, rapacious, avaricious.
  46. drive out (verb) – expel, remove, oust.
  47. indispensable (adjective) – essential, necessary, needed/required; significant, important.
  48. academician (noun) – scholar, researcher.
  49. artefact (noun) – statistical analysis/experiment of something.
  50. application program interface (API) (noun) – a collection of programming instructions and standards that enable computer programs to directly communicate with one another.
  51. vaccine (noun) – a biological preparation that improves immunity to a particular disease.
  52. enable (verb) – allow, facilitate.
  53. pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
  54. regulate (verb) – control, oversee, administer something (by using rules and regulations).
  55. a tough/hard nut to crack (phrase) – situation or an opponent that is difficult to deal with or beat.
  56. curtail (verb) – reduce, diminish, decrease.
  57. subsidise (verb/noun) – support, finance, contribute to, provide finance for. (it generally means “pay part of the cost of something, so that it is available at a lower price”).
  58. subsidy (noun) – also called as subvention; a financial contribution granted to help an industry or business, mostly given by a government, in order to keep the price of service/goods at a low level.
  59. mandate (verb) – make mandatory/necessary; require.
  60. Non-Personal Data (NPD) (noun) – non-personal data is any set of data which does not contain personally identifiable information. This in essence means that no individual or living person can be identified by looking at such data.
  61. societal (adjective) – relating to society.
  62. well-being (noun) – healthy state/condition.
  63. legitimate (adjective) – valid, reasonable, reliable.
  64. legislation (noun) – body of laws, rules, regulations, statutes.
  65. litigation (noun) – legal case, legal proceeding, legal action.
  66. eventually (adverb) – in the end, in due course, after some time.
  67. abusive (adjective) – insulting, offensive, disrespectful, defamatory.
  68. Telecom Regulatory Authority of India (TRAI) (noun) – a statutory body set up by the Government of India under section 3 of the Telecom Regulatory Authority of India Act, 1997. It is the regulator of the telecommunications sector in India.
  69. put an end to (phrase) – stop, terminate, abolish.
  70. net neutrality (noun) – the principle that Internet service providers (ISPs) must treat all data on the Internet the same and cannot block or slow down any website due to its content, language or users, etc. Courtesy: VOA Learning English).
  71. outcry (noun) – uproar, clamour, protest.
  72. subsequent (adjective) – following, ensuing, successive.
  73. parent (noun) – a company or organisation which has a controlling or majority interest in another company, which gives it the right to control the subsidiary’s operations.
  74. dilemma (noun) – quandary, predicament, difficulty.
  75. adhere to (verb) – abide by, follow, obey, comply with.
  76. scandal (noun) – impropriety, misconduct, wrongdoing.
  77. collusion (noun) – conspiracy, intrigue, plotting, secret understanding, collaboration.
  78. greedy (adjective) – avaricious, rapacious, predatory, materialistic.
  79. powerhouse (noun) – a person/organisation/country with a lot of energy, power & influence.
  80. end up (phrasal verb) – come/appear, find oneself (to a particular course of action in the end).
  81. ditch (noun) – narrow channel, trench, drain, gutter.

Note:  

 1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. 
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

Today’s Advanced Word List 1 for The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021:

The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021 The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021 The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021 The Hindu Lead Article (Global antitrust and the challenge of Big Tech) – Jan 29, 2021

“Phrasal Verbs” We Learnt Last Week

“Idioms & Phrases” We Learnt Last Week

“Important Definitions” We Learnt Last Week

Recent Word Lists For The Hindu Editorial Articles

Recent Advanced Word Lists For The Hindu Lead Articles

Recent Word of the Day

Recent Words of the Month

Be the first to comment

Leave a Reply

Your email address will not be published.


*