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I think one argument that’s missing from the article is how that impacts foreign policies. What about competing with foreign giants, for example? China probabl

I think one argument that’s missing from the article is how that impacts foreign policies. What about competing with foreign giants, for example? China probably won’t break up their large companies, and, in a global market, those can then use their outsized economic power to impose themselves against the counterparts elsewhere. I’m not saying that will necessarily happen, just mentioning an argument I’ve heard quite often. I think the intention here is good, it’s just the side effects that are dangerous if not handled cautiously.

light_hue_1 3y ago
The flip side is that dead giants that dominate the landscape stifle all innovation here and charge expensive rates. Eventually allowing someone else to get much further ahead technically.
pphysch 3y ago
> What about competing with foreign giants, for example? China probably won’t break up their large companies ANT Group? Alibaba?
lumost 3y ago
There is a weird assumption that Chinese tech corporations are permanently immune to American law. At most, this is an artifact of unidirectional free trade agreements written generations ago. Similar to Europe, I doubt US regulators would dissolve one giant just to see it replaced by a foreign one. The current status quo that Chinese tech companies can operate in the US, but US ones are unable to operate in China is an historic abnormality.
growingentropy 3y ago
We need multiple large companies, not a few huge ones. Google's "internet DRM" web integrity API is honestly frightening stuff. The Internet as we know it would change.
ocdtrekkie 3y ago
I think fear of China is a convenient excuse used by monopolists to justify letting them continue to abuse the rest of us. The right call is to regulate our tech companies and also restrict foreign companies who violate the rules.
bogwog 3y ago
If China doesn't break up their giants, then they will lose.

light_hue_1 3y ago

The flip side is that dead giants that dominate the landscape stifle all innovation here and charge expensive rates. Eventually allowing someone else to get much further ahead technically.

pphysch 3y ago

> What about competing with foreign giants, for example? China probably won’t break up their large companies ANT Group? Alibaba?

lumost 3y ago

There is a weird assumption that Chinese tech corporations are permanently immune to American law. At most, this is an artifact of unidirectional free trade agreements written generations ago. Similar to Europe, I doubt US regulators would dissolve one giant just to see it replaced by a foreign one. The current status quo that Chinese tech companies can operate in the US, but US ones are unable to operate in China is an historic abnormality.

growingentropy 3y ago

We need multiple large companies, not a few huge ones. Google's "internet DRM" web integrity API is honestly frightening stuff. The Internet as we know it would change.

ocdtrekkie 3y ago

I think fear of China is a convenient excuse used by monopolists to justify letting them continue to abuse the rest of us. The right call is to regulate our tech companies and also restrict foreign companies who violate the rules.

bogwog 3y ago

If China doesn't break up their giants, then they will lose.