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I am a big fan of both Apple and Google and what sort of technologies and products they have created. However they are also major representatives of the problem
by jernfrost 10y ago
I am a big fan of both Apple and Google and what sort of technologies and products they have created. However they are also major representatives of the problems with multinational companies which are able to pit nations against each other and gain grossly unfair advantages which smaller or local companies can never achieve.
Apple and Google both make great products and should beat the competition based on those skills, not based on their ability rally armies of lawyers and shift money around different sub-branches in different countries.
Their behavior is undermining free trade. How do you get nations to agree to free trade if it just allows multinationals to rig the system. I've been a big supporter of free trade, but I am seriously starting to get my doubts. I am not sure if the advantages make up for the disadvantages anymore.
Of course I am not advocating that everybody is self-sufficient, but that international trade might benefit more from more restrictions than exists today, unless we can solve the problem of multinationals abuse the system by using tax paradises, tax loopholes etc.