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> Microsoft closed up its entire mobile efforts after acquiring Nokia Sometimes what happens is, that big company sees something useful that small company is d
by varispeed 6y ago
> Microsoft closed up its entire mobile efforts after acquiring Nokia
Sometimes what happens is, that big company sees something useful that small company is doing, they buy them, pick the part that they need and then close the rest.
> Amazon might seem too entrenched now, but really it’s just one storefront
Then they should pay taxes just as a storefront.
> The market should be regulated, but market forces are also an important regulator and that fact needs to be recognised more widely.
The regulation is very weak. There is no level playing field as big companies have money to buy politicians and regulation that favours them and penalises competition. The whole concept of legalised corruption - lobbying goes against free market and should be illegal.
- signal11 6y ago> Then they should pay taxes just as a storefront. If they haven’t paid whatever tax is due, then the relevant national tax body should throw the book at them. But I suspect you’ll find their tax lawyers & accountants ensure they’re in full compliance with relevant local laws. Cases like [1] come to mind. [1] https://www.reuters.com/article/us-eu-apple-tax-idUSKCN24G10B https://www.reuters.com/article/us-eu-apple-tax-idUSKCN24G10...