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Yes but these companies also largely exist because you have a deregulated market whereas the European Union is a much more regulated market. These regulations
by LunaSea 7y ago
Yes but these companies also largely exist because you have a deregulated market whereas the European Union is a much more regulated market.
These regulations provide for worker rights, productions and consumption safety, product quality and much more. Something America is lacking in completely.
You also have a government and department of defense that helps a lot of your big multinationals grow and kill it's foreign competitors.
You can look at the acquisition of Alstom by General Eletric as a good example.
- manigandham 7y agoWell that's the point. US has lower regulations and more fluid employment which leads to bigger and more innovative companies. America isn't as nationally protectionist as China though, although that will now change with this pandemic.
- LunaSea 7y agoAmerica is very protectionist actually. And what you call fluid employment I call bad jobs.
- CamperBob2 6y agoAnd what you call fluid employment I call bad jobs. I guess that explains why people do whatever they can to migrate from the US to your country. They do that, right?