Why is there no European Big Tech? - www.eurotechguide.com - your guide to european digital consumer services
Why is there no European Big Tech? - www.eurotechguide.com - your guide to european digital consumer services
eurotechguide.com
Why is there no European Big Tech? - www.eurotechguide.com - your guide to european digital consumer services
Big anything is usually a net negative. When they behave they're mostly alright, but most often they misbehave, see Apple and their childish responses or MS eating up competition (xbox absorbing every single studio).
Small and mid-sized is better for competition. It's also not "too big to fail", ie. if it collapses, a bailout isn't ""needed"". Big tech if it collapses, should be nationalised.
Exactly. There should be no big tech. Massive companies are ultimately a negative to society. No company should be able to create walled gardens, consolidate vertically up supply chains or horizontally across industries.
Society will continue the downward spiral until there are enforced limits that encourage interoperability and competing on quality/price instead of artificial barriers, profit sharing with workers and tax payers instead of maximum greed, and overall redistribution of wealth to prevent parasites from forming to begin with.