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by justaman
2657 days ago
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I don't think its fair to underestimate China. Breaking up Amazon or Google would benefit China more than the west. Sure Amazon and Google are possibly too large, but their Chinese counter parts are equally as large and direct competitors. The idea behind breaking these companies up is to encourage market competition but that competition already exists and will not be broken up in China. Somehow Warren always has the wrong solutions but is generally correct in identifying a problem. |
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China doesn't seem to be having any problems competing, and winning, against Google and Amazon. Baidu and Alibaba are huge.