Trump believes Google division could weaken United States in relation to China
“Whenever a firm holds a very strong position with a leading player, it really suppresses creativity and suppresses enhancements, and you end up with a zero-sum situation,” he expressed.
“Whenever a firm holds a very strong position with a leading player, it really suppresses creativity and suppresses enhancements, and you end up with a zero-sum situation,” he expressed. This is due to the fact that once a corporation attains an unchallenged leading position, there is minimal responsibility for the quality of products and/or services, so “businesses merely test the limits of tolerance” with their clientele, as mentioned by Shimmin.
Authority corrupts; supervision rectifies
Although Trump may lean towards ensuring Google abides by fair practices rather than splitting up the organization, as per his remarks disclosed by the Times, this may not be adequate to promote equitable competition, as highlighted by another industry specialist.
“The core issue with big tech lies in the economic distortions caused by monopoly power,” stated John Bambenek, chief executive officer at Bambenek Consulting. “Certainly, regulations can be beneficial, but if the issue is too severe, dividing companies is the sole resolution to sustain a functional capitalism.”
