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In the global economy, monopolies become a tougher situation. In some ways I’d rather not split Apple or Google if it were to mean a non-US company takes their
by CincinnatiMan 6y ago
In the global economy, monopolies become a tougher situation. In some ways I’d rather not split Apple or Google if it were to mean a non-US company takes their place, particularly a Chinese one. I understand Epic Games is partially owned by Tencent, which if I wore a tinfoil hat, may concern me in regards to their motives here.
- libertine 6y agoThe thing is: the world isn't the US and China. What if it was an European or Indian company?
- CincinnatiMan 6y agoWell if I have to pick between my country being the top player versus another country, I’d still always pick my country (US). Though an EU or Indian company would be less concerning than Chinese.
- libertine 6y agoDon't take me wrong, that's precisely the point - admitting and accepting your bias is the way to go, and that's fine. It's just sad that the EU stance seems increasingly naive, the "lead by example" stance doesn't seem to work at all, and we're steam rolled between US and China. Why isn't the EU stopping monopolies from acting in EU territory if it's in the EU best interest? Why not stop predatory takeovers? It's like we're just bystanders watching US and China... just sad. Thank you for your honesty
- justaman 6y agoThe CCP puts the US/EU is a tricky spot because of their state sponsored corporations. On one hand, they adopt capitalism; on the other, communism. If the CCP can pump a near endless flow of cash into something that will compete with a major corporation elsewhere in the world, is this a bad thing? Would Amazon be a monopoly without Alibaba? Is it reasonable to hold the position that both Alibaba and Amazon should be broken up into small companies? I think so. The CCP certainly will not agree.