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Why is it people care so much about Google being in many different markets but I never see anyone calling for Samsung or Berkshire Hathaway to be broken up? Ju
by drstewart 7y ago
Why is it people care so much about Google being in many different markets but I never see anyone calling for Samsung or Berkshire Hathaway to be broken up?
Just goes to show how easy populism is to push. Google and Facebook are in the news a lot and used by the average consumer, making them the perfect scapegoats.
Meanwhile, the average consumer just sees Samsung as the TV people (actual industries: apparel, automotive, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid state drives, DRAM, ships, telecommunications equipment, home appliances) or Berkshire Hathaway as that old rich guy that drives a cheap car (actual industries (property & casualty insurance, Utilities, Restaurants, Food processing, Aerospace, Toys, Media, Automotive, Sporting goods, Consumer products, Internet, Real estate), so not a peep is made about them or every other horizontally distributed company in the world.
- izacus 7y ago> Meanwhile, the average consumer just sees Samsung as the TV people (actual industries: apparel, automotive, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, solid state drives, DRAM, ships, telecommunications equipment, home appliances) Samsung was also building military jets and artillery pieces. Imagine the media response if Facebook went into weapons production :)
- bleuarff 7y agoI get your point, but Samsung is a manufacturer, it sells products. Google and FB can have much more impact leveraging the data they have on everyone, which is why we need as a society to be cautious and keep them in check.