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An associated component to trust-busting should be foreign trust blocking. Given the way the world works, if the US breaks Facebook up, (insert here) governmen
by ethbr0 5y ago
An associated component to trust-busting should be foreign trust blocking.
Given the way the world works, if the US breaks Facebook up, (insert here) government-supported competitor takes its place.
Part of creating a fair, diverse playing field is ensuring international competition is playing by the same rules in the internal market (because you have no jurisdiction to prosecute them as a monopoly in their home country).
Which isn't an argument for not breaking Facebook up. But is an argument that if you break Facebook up, you should probably impose substantial limitations on ByteDance and Tencent as they operate in the US.
- hellbannedguy 5y ago"Given the way the world works, if the US breaks Facebook up, (insert here) government-supported competitor takes its place." I don't think that will happen. Americans selfworth, on a deep psychological level, is tied to making large amounts of money. (And yes, I find it sad) We will have many new Zuck types coding away in the new gold rush if FB is crippled. I sometimes think the only reason FB is as financially successful is because Zuck knew no one would love him without money. America is loaded with white fugly irritating intelligent investors that would love to make more money. Tech will stay here.