reply to post by Firefly_
Why do I have to choose between the 2? Those are not the only options.
It's a hypothetical question where those would be the only two options. In real life they are not the only options. It's to make a point.
Personally I would prefer many small local companies in competition with each other.
I completely agree. That is the way it should be, yet unfortunately it isn't the way it is (in many industries). The politically supported
capitalistic enterprise system is constantly trying to eliminate smaller competing companies. If not by acquisition, then by putting them out of
business.
A few years ago there was Verizon, AT&T, T-Mobile, Sprint and Cingular. 5 cell phone giants.
AT&T bought CIngular & now wants to buy T-Mobile. That will leave only 3 cell phone giants.
Sprint will fade away and Verizon and AT&T will become megagiants. Leaving only 2.
One step away from a monopoly. Prices will soar. Service quality will decline.
Competition keeps global corporations in check (to some degree).
Especially when there is no gov't intervention.
The way the global corporations have been allowed to buy out / force small businesses under is criminal.
In many cases it is. Yet within the technology field, it's usually a mutually beneficial acquisition. A considerable amount of technology in use by
Google, Apple, Microsoft, etc. has been obtained from smaller businesses that were acquired by these industry giants for a hefty paycheck. A lot of
technology and software in use today were all initially developed by smaller businesses that chose to cash out on their work. So in a way, smaller
businesses have benefited greatly, at least for now.
List of tech acquisitions:
buzzintechnology.com...
Now look at ITune iPhone and iPad apps. Do you know how many very small businesses sprung out of nowhere and flourished because of this opportunity
from Apple? Programmers became millionaires almost overnight (i.e. Angry Birds Game). Unknown musicians were selling music on iTunes. If Apple is
taken down then the thousands of small businesses that depend on Apple are also taken down. The same goes for Google and Facebook.
I'm debating in terms of business economics. So it may be difficult to understand my point.
When Apple does something unethical, then I agree that they need to be made aware of it. And the general public and media needs to be made aware of
it. By hacking Apple, the main thing that gets on the news is that Anon hacked Apple. No one knows why. Anon is portrayed as the bad guy and Apple the
victim.
I guess it can be said that "bad publicity is better than no publicity"
edit on 8-7-2011 by matito because: