> Of course, that was a war over power, territory, and dynastic legitimacy. There is no antitrust regulators in war. I don’t see a “winner take all” ending happ

> Of course, that was a war over power, territory, and dynastic legitimacy. There is no antitrust regulators in war. I don’t see a “winner take all” ending happening among the three ISAs, whether it’s 35 years or 350 years. Romance of the Three Kingdoms: Semiconductor Edition is here to stay. Antitrust regulators aren't all-powerful or immune from influence. There is no guarantee on how long they can resist powerful interests, especially if there is a shift in the geopolitics.