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Thanks to big tech: When a German citizen listens to German music released by a German record label, Google or Apple takes a cut and transfers it to America.

Thanks to big tech: When a German citizen listens to German music released by a German record label, Google or Apple takes a cut and transfers it to America. When a French company advertises on social media to French citizens, Google or Facebook takes a cut and transfers it to America. When a Swedish citizen installs a mobile app from a Swedish company, Google or Apple takes a cut and transfers it to America. When a British citizen makes a purchase from a British company, Visa or Mastercard takes a cut and transfers it to America. When a Danish company buys a PC, Intel/AMD and Microsoft take a cut and transfer it to America. And when an Italian company needs hosting services, there's a good chance Amazon, Google or Microsoft will be providing them - transferring the money to America. Have you ever considered that so long as it's an American monopoly, bringing in fistfuls of cash in from abroad, there's no need to break up the goose that lays the golden egg?

scarface_74 2y ago
> When a German citizen listens to German music released by a German record label, Google or Apple takes a cut and transfers it to America. Unless you are using Apple Music or buying from iTunes. This isn’t true. > Have you ever considered that so long as it's an American monopoly, bringing in fistfuls of cash in from abroad, there's no need to break up the goose that lays the golden egg? And yet the Democrats tried to do exactly that and wondered why BigTech that was supportive of them until as recently as 2020 ran screaming to Trump. No one outside of the tech bubble put anywhere in their priority stack to “break up BigTech”
- michaelt 2y ago
  > And yet the Democrats tried to do exactly that Some people among the Democrats said some things. Politicians say a lot of things. It's actions that count. And in terms of actions, there hasn't been any meaningful antitrust enforcement since the Clinton administration.
  - scarface_74 2y ago
    Lina Khan went after most of the BigTech companies. They also didn’t support American companies when it came to some of the craziness from mostly the EU.

scarface_74 2y ago

> When a German citizen listens to German music released by a German record label, Google or Apple takes a cut and transfers it to America. Unless you are using Apple Music or buying from iTunes. This isn’t true. > Have you ever considered that so long as it's an American monopoly, bringing in fistfuls of cash in from abroad, there's no need to break up the goose that lays the golden egg? And yet the Democrats tried to do exactly that and wondered why BigTech that was supportive of them until as recently as 2020 ran screaming to Trump. No one outside of the tech bubble put anywhere in their priority stack to “break up BigTech”

michaelt 2y ago
> And yet the Democrats tried to do exactly that Some people among the Democrats said some things. Politicians say a lot of things. It's actions that count. And in terms of actions, there hasn't been any meaningful antitrust enforcement since the Clinton administration.
- scarface_74 2y ago
  Lina Khan went after most of the BigTech companies. They also didn’t support American companies when it came to some of the craziness from mostly the EU.