PleaseBlitz Posted February 1, 2018 Share Posted February 1, 2018 I did not watch the video. But my overarching philosophy on this subject is that companies should not be "broken up" because of size or reach unless they establish a legitimate monopoly AND then abuse their power as a monopoly. Aside from that, any discussion should be based on ethical practices and societal harm. In other words, sure, big ass companies maybe are not the most efficient way of doing things, but they got that way because they do what they do pretty well and people find them useful enough to give their money to. They are good at what they do and grow because of that fact. On the other side of the coin, big ass innovations come from big ass companies with big ass pockets, that can hire and organize a bunch of smart mother****ers to solve difficult problems. Unless a company is engaged in systematic societal harm (and the ones that come to mind are Facebook, Twitter and McDonalds), I don't see any reason for government to step in and break them up when, at most, simple smart regulation would suffice. Apple is gigantic, but they only have 20% of the new smartphone market (disclaimer, I have an iPhone (but I would switch to android if my company supported Android)). Google is gigantic, but they do a lot of things better than any other company (disclaimer, I use Google Maps like constantly) and, if you look at the chart above, they are involved in a lot of cutting edge stuff like drones and robots and ****. Anyways, this is largely a discussion about corporate finance, and if these entities got split up, the money would still come, it would just come from private equity firms. Then you are back to my question of ethical practices, and now your choice is between Alphabet and Apple, or Goldman Sachs and Black Rock. 3 minutes ago, BenningRoadSkin said: except they all answer to the names at the top of that box. Unless I am missing something, you are making my point. It's like saying Dove and Axe are two entirely separate entities, despite being owned by Unilever. My original post was not an argument, it was a clarification. Regarding your point, see my above post. Link to comment Share on other sites More sharing options...
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