This is the kind of thoughtful political action that I wish we had more of here.
Chinese regulators have refused to approve the merger of two Chinese game streaming services, citing the potential for creating a monopoly in the industry for the part-owner of both companies — tech giant Tencent. According to a State Administration of Market Supervision (SAMR) statement released Saturday, the Chinese …
Wednesday 14th July 2021 08:30 GMT elsergiovolador
Wednesday 14th July 2021 13:09 GMT Anonymous Coward
Re: Chairs - No
First, comparing China to the Titanic is wishful thinking. American sanctions have proved to be more of an ice cube than an iceberg and their economic growth is better than most, if not all, Western countries.
Second, the CPC does control Chinese companies because they are the government. Similarly, Western governments control Western companies, when they choose to.
Third, all countries' security laws are ridiculously powerful and secretive.
Fourth, there are any number of Chinese activities and actions that deserve condemnation. This is not one of them.
America should be taking a much harder line with companies buying out the competition. And ElReg readers can offer numerous examples from numerous articles where stopping would be a good thing.