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by barry-cotter 3022 days ago
Baidu is still not better than Google, even in Chinese, for what it’s worth.

Infant industry protection may make sense in some cases but it’s more commonly used as a smokescreen for corruption. It was used as a justification for high tariffs and low quality domestically produced goods all over the world throughout the 50s to at least the 80s.

If the EU doesn’t have much in the way of domestic IT companies so what? They’re still rich. The fact that others are getting rich in other, different ways does not make them poorer.

1 comments

It makes the EU asymmetrically dependent, which is not a good position in a competitive world.