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by sangnoir
1523 days ago
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Splitting Apple/Google/Facebook/Amazon into 40 smaller tech companies would result in larger tech companies from elsewhere - mostly China - eating American tech industry's lunch on the world stage. Large companies have massive resources which are a competitive advantage. Having these titanic companies headquartered in the US, beholden to American laws, employing Americans, being a symbol of American prowess abroad and listed on American stock exchanges is in American interests on multiple tangible & intangible levels; including allowing American engineers to command ridiculous salaries and granting the government a lot of soft-power. The recent sanctions on Russia (and previously Huawei/ZTE) shows howuch that soft-power is worth |
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