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Why breaking up the Big Tech a bad idea

3 点作者 chsasank超过 4 年前

1 comment

chsasank超过 4 年前
Big Tech as enterprises are knowledge based as opposed to resource based. And IP economies works fundamentally different than resource based economies.<p>Possible alternative to Breaking up: &#x27;Open up&#x27; everything! Like what India&#x27;s UPI did to payments.<p>Some fav quotes from the news:<p>&gt; &quot;The last line of the Rajan paper is worth keeping mind: “it is dangerous to apply twentieth century economic intuitions to twenty first century economic problems”. Antitrust is a 20th century institution.&quot;<p>&gt; &quot;India cut into the monopoly powers of Mastercard and Visa by creating a government-funded open-architecture UPI payments system.&quot;
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