Comments by "Michael Nurse" (@michaelnurse9089) on "EU announces investigation into Chinese electric carmaker subsidies | DW News" video.

  1. Its not free-market when government subsidizes the companies. It is mercantilism.
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  2. These things are allowed in terms of the rules.
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  3. They can't. They lack the battery technology because they refused to invest in it. Only America and China have invested enough into battery technology to compete in this space.
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  4. How old are you? What companies do is artificially lower prices using government subsidies for say a decade, they then get all the market share, the mind share, the technology, the know-how, the talent and so on. Once their competitors are dead they jack up margin to Apple levels and profit like are Al Capone. The consumer might 'win' for 10 years but they suffer for '50' thereafter. This is why WTO bans government assistance to companies. They still do it, just real sneaky-sneaky.
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