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China’s Brute Force Economics: Waking Up from the Dream of a Level Playing Field
- tabtab 4y agoChina stole Microsoft's and IBM's (70's) near-oligopoly playbook: forced bundling, FUD'ing customers (scare them away from competitors), and subsidizing new products until smaller competitors fall. I suppose the "robber barons" should also get some of the credit for inventing bullynomics.