$Amazon (AMZN.US)$$Meta Platforms (FB.US)$ On December 26, t...
$Amazon (AMZN.US)$ $Meta Platforms (FB.US)$ On December 26, the Wall Street Journal ran an article titled "Breaking Up Tech Is a Gift to China," which bluntly opposed the Biden administration's move to break up Silicon Valley giants. China is pursuing "technological dominance," the article said, and the Biden administration's push for antitrust laws will reduce the competitiveness of major Internet companies, hurt The United States' ability to innovate and develop.
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Investphil : Isn’t it the same for China? Chinese Government is trying to curb the dominance of big Tech like Alibaba, tecent and others.