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> The root issue is that extremely large companies are held to the same rules as much smaller companies, while having access to resources that alone create mono
by blackeyeblitzar 2y ago
> The root issue is that extremely large companies are held to the same rules as much smaller companies, while having access to resources that alone create monopoly concerns.
Totally agree. Another “simple” solution is different taxes based on size (maybe based on global revenues or profits).
- ethbr1 2y agoDefinitely in favor of simple rules, as they're harder to game, but not sure tax rate alone would be sufficient to redress (as it's also subject to accounting creativity). Throwing ideas out there: - Past a certain size, companies are prohibited from acquiring/merging with another company - Past a certain size, companies are subject to data interoperability requirements (i.e. 'must have takeout'), with an independent team funded and dedicated to implementing requests, and penalties if they aren't released within a certain timeframe The goal should be that e.g. "being Alphabet-sized" is not in Alphabet's own best interest, and it would be more beneficial to itself / its shareholders to break into multiple smaller companies that would be subject to less restriction but are independent. And critically, the same requirements would apply to international companies doing business in the US. So, increasing competition, but keeping the playing field level for all.