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The problem with US antitrust laws is that they ignore global competition. Breaking up a Facebook or Google does not provide for more competition, it actually
by momokoko 6y ago
The problem with US antitrust laws is that they ignore global competition.
Breaking up a Facebook or Google does not provide for more competition, it actually will provide less competition as another large global competitor with get even bigger by swallowing up their users.
- threeseed 6y agoThat doesn't make any sense. Any company trying to build a US social network or social engine through acquiring Facebook or Google would need US advertisers. Otherwise what is the point of having these users. And if you have US advertisers you will need to have an official US presence. This in turns means you are subject to US law including antitrust. Also a deal of that size would need the US government to sign off on it.
- alexashka 6y ago> Any company trying to build a US social network or social engine through acquiring Facebook or Google would need US advertisers. Otherwise what is the point of having these users. The point would be collecting data on them and spreading propaganda. Not every country operates using quarterly profits as their one and true God.
- gman83 6y agoIf Facebook or Google are seriously hobbled through regulation I expect their place will be taken by companies like Bytedance (TikTok) which is already the most downloaded app in the US. TikTok is actually just a loss-leading tool for Bytedance to get data for their main product, their AI research.