There are a million startups chomping at the bit to create or have their existing app become the TikTok replacement in the event it does get banned.
This is the nature of American Capitalism. A monopolistic entity is broken up for this reason or that thereby making way for competition. According to all those economists, competition is good and breeds innovation.
I don’t have a problem with this. Next go for Google, Meta, Apple, and Microsoft too.
This isn’t an anti-trust case, it’s just anti-China posturing and lobbying from Meta and friends bearing fruit. Google and Meta will fight for the users and their monopolies will grow even more menacingly bloated
China takes a protectionist stance towards many industries, whereas the US claims, not entirely correctly, to be a bastion of free trade. I’m not sure US citizens want their government taking cues from the CCP either
There are a million startups chomping at the bit to create or have their existing app become the TikTok replacement in the event it does get banned.
This is the nature of American Capitalism. A monopolistic entity is broken up for this reason or that thereby making way for competition. According to all those economists, competition is good and breeds innovation.
I don’t have a problem with this. Next go for Google, Meta, Apple, and Microsoft too.
This isn’t an anti-trust case, it’s just anti-China posturing and lobbying from Meta and friends bearing fruit. Google and Meta will fight for the users and their monopolies will grow even more menacingly bloated
Well, before you declare anti-China posturing, have you considered how China treats Western social media companies? They are completely banned.
China takes a protectionist stance towards many industries, whereas the US claims, not entirely correctly, to be a bastion of free trade. I’m not sure US citizens want their government taking cues from the CCP either
The US is hugely protectionist. Started under Trump, continued under Biden.
Two wrongs don’t make a right.
I mean in trade disputes it often does.
Removed by mod
I mean in all honesty if another app takes over TikTok it’ll just be Instagram reels. It’s already got a lot of cross-buy-in.