131–140 of 321 posts
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Why the /s though? It's obvious some countries actually promote monopolies, especially when they go global.
Like Huawei. China wants them to have a monopoly everywhere on earth. Alibaba had nothing to do with being a monopoly, it became a power base to rival the government so it had to be broken and scattered.
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Also, one of Ma’s last public appearances was at an American conference, maybe TechCrunch but I’m not sure, where he said in an on stage interview something to the effect of, “I’m not afraid of the CCP”, in relation to recent revelations he was a CCP member. Then he got disappeared shortly after. He was really clueless about what kind of org he was dealing with.
Jack Ma truly is clueless in general. There was a talk involving him and Elon Musk and it somehow was Elon coming out as the eloquent one in that conversation.
It’s always hard for me to understand the why when it comes to China’s government. “Investors cheer the move as signalling the end of China’s tech crackdown” If this is government action then why would this be the “end” of government involvement?
It will not "end" any government involvement. That's just the spin.
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I think they mean the end of China’s crackdown wrt alibaba
Just checking my understanding: They prefer individual businesses not to get to big, monopolistic or dominant across multiple sectors, as this would give the business undue influence over politics? And of course they're operating on the idea that the political sphere governs the market and not that the biggest businesses should be the most powerful lobbiests. So this is an end to it because it effectively neuters the…
Earlier quoted context omitted.
Also, one of Ma’s last public appearances was at an American conference, maybe TechCrunch but I’m not sure, where he said in an on stage interview something to the effect of, “I’m not afraid of the CCP”, in relation to recent revelations he was a CCP member. Then he got disappeared shortly after. He was really clueless about what kind of org he was dealing with.
Jack Ma truly is clueless in general. There was a talk involving him and Elon Musk and it somehow was Elon coming out as the eloquent one in that conversation.
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The traditional definition of a monopoly is the government issuing a grant for a business to operate exclusively. These ought not to be allowed. If there is no subsidy or special grant, it’s not a monopoly. Often these days there are subsidies or unfair grants given in some way, and the solution is to eliminate the subsidy or grant.
Never heard this before. Source?
Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
How would you split Apple? How would you split Meta (would you start charging for WhatsApp)?
Easy! Hard part: Who gets Occulus?
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Great hardware for any OS sounds good in theory but not gonna happen in practice. When 10 hardware providers are supplying hardware for an OS, the hardware becomes a commodity, and the focus tends to go to cheapest for a given spec. You can see the same phenomenon in Windows and android hardware. If you supply a premium hardware for a premium price in a commodity market, you will just not have any market share. Peopl…
There are lots of windows laptops with quality hardware. There are cheap ones too, but that's the whole point of choice.