Comments by "Paul Aiello" (@paul1979uk2000) on "Apple Has Six Months to Open Up iPadOS" video.

  1. Government intervention isn't a bad thing, in fact, it's needed a lot of the times because if capitalism wasn't regulated, you're going to end up with very few corporations that rules everything because they build one monopoly to make another until they dominant everything. We should also remember that the EU actually listens a lot more to concerns from other companies and the public, so if there's enough complaints on one thing or another from rival companies or the public, there's a fair chance the EU will act on that, which is basically democracy in work. The real problem I keep seeing with big corporations, once they get into a monopolistic position, they abuse that power by either slower down progress, higher prices, limiting choices or making it much harder for rivals to compete as they change the rules to favour them, the end result is that consumers get screwed over with less choice and higher prices, something that seems to be happening in a lot of sectors, especially from American companies, so sometimes you need stronger regulations to keep them in line, which thankfully we have the EU for that. Either way, the US having such weak regulations on it's corporations is quickly heading into a Blade Runner like future where corporations run everything and the government is powerless to stop them, which basically means there is little in the way of democracy. We see this already in some sectors where some American corporations offer far better deals to Europeans then they do to Americans, you only have to look at the health sector to see how Americans are being screwed over by some American corporations whiles giving far better deals to Europeans, because in their eyes, some profit is better than none at all, but with weak regulations in the US, it's a free for all and they'll charge what they can get away with. Regulation isn't a bad thing if done right, in fact it's needed in a lot of sectors.
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  2.  @rudysmith1552  You don't really need it when the world is so interconnected with trade, especially if you are a big enough player that can bend corporations around the world to your will, which the EU can. To give you an idea of this, an American pharmaceutical company sells their drugs around 10-15 times higher to Americans than they do to Europeans, the reason they do is because the US system allows it whereas the EU countries have universal health care so have far more bargaining power when setting the price, the end result is, you've got an American corporation that's screwing over the American people whiles giving Europeans a far better deal. Corporations are not our friends, regardless of where they come from, they are there to screw over as much money as we'll let them, so where companies are from isn't that important as most will want to sell their goods in all markets and will sell at a rate the market allows. To put it another way, the US hands-off approach with corporations is allowing the wild west approach to capitalism, the EU is capitalist, but they also have more of a hands-off approach when it comes to keeping corporations in line. Basically, what's really screwing the market up and consumers is by not getting tougher on big corporations, and maybe by not braking them up into smaller companies to allow more competition in the market, basically, too many sectors are being consolidated and that is giving consumers less choice and higher prices, the US government has more or less allowed that to happen in the US, whereas the EU is fighting back to make many of these companies play ball.
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