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I think that's less an indictment of anti-trust lawsuits being effective and more of an indictment of either a lack of knowledge or willful ignorance around how
by munk-a 5y ago
I think that's less an indictment of anti-trust lawsuits being effective and more of an indictment of either a lack of knowledge or willful ignorance around how connected the economy was becoming via computers.
Microsoft, Amazon, Google and Facebook are all companies that are beyond a reasonable scale - there are far too many eggs in those baskets for long term economic health. Those companies are making GD, Raytheon and Lockheed look like kids playing in a sandbox.
- mrkramer 5y ago>Those companies are making GD, Raytheon and Lockheed look like kids playing in a sandbox. Maybe because >Microsoft, Amazon, Google and Facebook are extremely useful consumer technology companies. I don't know about you but I won't be buying fighter aircraft anytime soon.
- munk-a 5y agoBoeing gets about 28.6 Billion from the US government each year[1] given the US population of around 400 million you're giving them (if we spread the cost evenly) about seventy five dollars every year. Once upon a time this was a large sum of money - now-a-days it's probably less than most folks spend on spotify and definitely less folks spend on coffee in a non-pandemic year. 1. https://www.forbes.com/sites/greatspeculations/2020/01/02/how-much-of-boeings-revenues-comes-from-the-us-government/ https://www.forbes.com/sites/greatspeculations/2020/01/02/ho...