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Yes, but we typically think of the EU as advanced economies, and the notion of a company having a market cap larger than some advanced economies definitely hurt
by dijit 3y ago
Yes, but we typically think of the EU as advanced economies, and the notion of a company having a market cap larger than some advanced economies definitely hurts when subsidies from that bloc are increasing profits.
Which is what the parent is directly addressing.
anyway: GDP is more closely related to revenue than it is market cap.
- surgical_fire 3y ago> Yes, but we typically think of the EU as advanced economies The size of an economy is in no small factor of population size. All things considered, Luxembourg is an advanced economy, but it is also a tiny nation. The economic bloc as a whole subsidizing any initiative should not be impacted by the relative small size of some of its members, as the bloc has a budget of its own, relative to the size of all those economies together.