• _Nemo_@lemmy.ml
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    1 day ago

    they forgot what actual competition is

    That’s an accurate diagnosis. U.S. big tech companies all follow the same playbook: use VC to buy off or price-dump to death all of your competitors. Become a monopoly. Then enshittify and extract the maximum amount of wealth from b2b and retail customers by increasing the cost of your services.

    Any sane country would have drowned these companies in anti-trust cases and carved them up. But political leadership at the time was too high on neoliberal free market ideology and the fairytales these self-styled “tech geniuses” wove around themselves. Now big tech has effectively bought off the U.S. government.

    They’re in for a nasty surprise when they find out that the U.S. is not the world, and the rest of the world can do pretty well without the U.S…

    • Echo Dot@feddit.uk
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      4 hours ago

      If you want a vision of things to come look at the retail industry of the 1980s. All those big box stores and anchor stores of malls all over the US. Absolutely zero presence internationally. You can’t go to Target in London or Best Buy in Paris, because they don’t exist. What we do have though is German shops in Italy and Swedish stores in the UK. Everyone else understood how to do it it was only the Americans that couldn’t, and to be clear they tried to spread internationally, but they weren’t prepared to make the local changes and so they failed.

      I have worked for US companies in the past and they always insist on trying to push American work culture in foreign officers, and it never works.

      • Awooooooga@lemmy.world
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        4 hours ago

        I worked for a us company in Canada and got like 6000 dollars from them because they fired me illegally lol

        • Echo Dot@feddit.uk
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          3 hours ago

          Oh yeah the idea that they can’t just get rid of people on a whim is a complete alien concept to them.