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Well, its about time America stepped up with its own anti-trust laws as well. EU has ‘increasingly arcane’ antitrust anti tech monopoly laws because its a pione
by thunkshift1 4y ago
Well, its about time America stepped up with its own anti-trust laws as well. EU has ‘increasingly arcane’ antitrust anti tech monopoly laws because its a pioneer here and US is doing exactly jack to rein in the big tech. I mean why should they, right? Their companies going out in the world conquering new markets and raking in revenues like never before while uncle sam has to kick back his feet and wait for his to cut roll in. Not to mention all that sweet sweet consumer data and spying benefits. EU is not at fault here.
- from 4y ago> because its a pioneer here In what? Bureaucracy? > EU is not at fault here. They could try promoting innovation and producing tech companies of their own instead of devoting substantial amounts of energy to squeezing their more successful foreign counterparts. A cursory glance at the largest market cap companies in America reveals they are on average about 40-50 years old vs like 100 for Europe.
- f1refly 4y ago> they could try innovation and producing consumer hostile stalking conglomarates of their own yes, they could do that. The core business is illegal though, so I imagine it to be rather hard.
- thunkshift1 4y agoDont hide behind the bureaucracy bs. Its common knowledge anti- trust laws overhaul for big tech are long overdue