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Comments by "striker" (@striker44) on "Why China Broke Up Jack Ma’s Alibaba | Vantage with Palki Sharma" video.
Monopolies should always be broken down - this is the standard US business practice. Same should apply to any entity that monopolizes their respective industry - whether it is a corporation of businesses or politics/government or organized religion. Does party leaders/government or religious institutions have the guts to give up their powers?
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It is a standard business and government practice to break down monopolies. Certain mergers are not approved by governments due to it creating monopoly. Check AT&T breakup and proposal to break up Google.
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Absolutely. This is a common business/ industry regulatory practice in the US to break up monopolies for the benefit of consumers, except that happened faster in China. In this case, politics triggered the speed of change for the benefit of investors.
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@Raj V Yes, I know, and that is well known.
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