Anti-capitalist, populist politicians from both major parties have set their targets on this industry via antitrust bills meant to “break up” major tech companies and devastate their market position. Yet, ironically, the market may beat them to it. Facebook’s value alone has plummeted by hundreds of billions of dollars in 2022 and its CEO recently said layoffs were looming. And last week, the six largest tech companies in the US lost over $500 billion when tech stocks tumbled following a very high August inflation report.
Going after the tech companies to break them up. Good or bad idea?
It also says, “As a result of this law, fewer American companies will be started and fewer will reach a stage of profitability because of highly questionable antitrust concerns. “China and other foreign rivals will benefit the most while American consumers will be the biggest losers,” the study concludes.
What's your opinion?
Anti-capitalist, populist politicians from both major parties have set their targets on this industry via [b]antitrust bills meant to “break up” major tech companies and devastate their market position[/b]. Yet, ironically, the market may beat them to it. Facebook’s value alone has [url=https://fortune.com/2022/02/02/facebook-lost-200-billion-in-market-value-earnings/]plummeted[/url] by hundreds of billions of dollars in 2022 and its CEO recently said layoffs were looming. And last week, the six largest tech companies in the US lost over $500 billion when tech stocks tumbled following a very high August inflation report.
Going after the tech companies to break them up. Good or bad idea?
It also says, “As a result of this law, [b]fewer American companies will be started[/b] and fewer will reach a stage of profitability because of highly questionable antitrust concerns. “[b]China and other foreign rivals will benefit the most while American consumers will be the biggest losers[/b],” the study concludes.
What's your opinion?
Mikel Coreclark said: I think Amy Klobuchar is right... too a point. Also her aposers are also correct. Although at this stage of the internet, you cant turn back time and tech. But what we do need to do is a more regulated internet. Tech is moving forward too fast for most people to deal with and even more difficult to understand and control your section of and that has led to tech innovation and media management companies to help companies and individuals use the internet for the better and safety. On the flip side we have also created the Dark Webb which we also now need to deal with.
The Dark web is a very dark space of the internet; I'm not sure control can be gained there, and if there was, there would likely be another work around. With the internet being a major part of everyone's life on a daily basis, I believe there have been a large amount of anti-trust lawsuits and there's an area that needs improving now.
[quote][b][url=/profile/15]Mikel Coreclark[/url] said: [/b] I think Amy Klobuchar is right... too a point. Also her aposers are also correct. Although at this stage of the internet, you cant turn back time and tech. But what we do need to do is a more regulated internet. Tech is moving forward too fast for most people to deal with and even more difficult to understand and control your section of and that has led to tech innovation and media management companies to help companies and individuals use the internet for the better and safety. On the flip side we have also created the Dark Webb which we also now need to deal with. [/quote]
The Dark web is a very dark space of the internet; I'm not sure control can be gained there, and if there was, there would likely be another work around. With the internet being a major part of everyone's life on a daily basis, I believe there have been a large amount of anti-trust lawsuits and there's an area that needs improving now.
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