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Splitting Apple/Google/Facebook/Amazon into 40 smaller tech companies would result in larger tech companies from elsewhere - mostly China - eating American tech
by sangnoir 5y ago
Splitting Apple/Google/Facebook/Amazon into 40 smaller tech companies would result in larger tech companies from elsewhere - mostly China - eating American tech industry's lunch on the world stage.
Large companies have massive resources which are a competitive advantage. Having these titanic companies headquartered in the US, beholden to American laws, employing Americans, being a symbol of American prowess abroad and listed on American stock exchanges is in American interests on multiple tangible & intangible levels; including allowing American engineers to command ridiculous salaries and granting the government a lot of soft-power.
The recent sanctions on Russia (and previously Huawei/ZTE) shows howuch that soft-power is worth
- nonrandomstring 5y agoYou are talking about power. I am talking about security. They are related, but different.
- sangnoir 5y agoThere will be security implications when Americans are hypothetically mostly using Chinese tech (Weibo, Didi, Baidu), should it leapfrog a kneecapped US tech industry - unless the US also bans Chinese tech - which would isolate the US and make it less competitive while ceding tech leadership in the rest of the world. Also, all the botnet-, APT-, ransomware and CSAM investigation & disruption ops would be hampered when the #1 desktop operating system, #1 & #2 phone OS authors, #1 network equipment manufacturer,#1 social network and top 3 cloud providers are no longer under your legal jurisdiction
- paulryanrogers 5y agoCan't the US just cap market share of any company foreign or domestic?
- sangnoir 5y agoHow might that be implemented?
- antifa 5y agoSounds like we're about to create The Freedom Firewall to protect us from global competition.
- paulryanrogers 5y agoBiggest players in significant industries get measured periodically. Those who cross some threshold of those markets get warned. Then if they exceed some higher threshold must be broken up or reduce their share.
- throwaway_1928 5y agoIn that case, perhaps it is best to merge the top 5-10 tech companies into a single tech behemoth, with no potential domestic competition, making it even more formidable on the world stage.