thoughts on companies becoming too powerful?

[Schirer]

It is definitely a bad thing. The best example is USA as a whole, it has become a wheel of money from government to huge companies and it will never ever stop. The military machine, almost all of of tax money goes to military spendings, then the military companies pay ( lobby) to politicians to get funding next year.

[SirLancelot]

I think it depends on how big you get but also what you provide as well. Like for example apple is producing phones and laptops but that helps competition, look at Samsung for now and they are improving as well however its not enough, all other phone companies can't even reach to those levels without getting a huge sums of money to put into R&D help from government or some private investor.

Yet, look at teals and SpaceX, they have actually improved the world a whole lot, they are almost like a monopoly when it comes to electric cars, all other old car companies are trying their best but they never really put something as good as Tesla, plus look at SpaceX dudes literally managed to build rockets that can be reused and made it super cheap for space travel thanks to government loans. So as long as its helpful to humanity its good but if its creating unnecessary competition than its useless.

[Ozero]

In each country, there should be an antitrust committee, which should ensure that large monopolies do not form in one industry. If antitrust laws are respected, the state is no longer entitled to intervene in private business. Everyone should have their own rights and obligations. You cannot arbitrarily destroy a certain business solely on the basis that it has been too successful.

[deisik]

Yet, look at teals and SpaceX, they have actually improved the world a whole lot, they are almost like a monopoly when it comes to electric cars, all other old car companies are trying their best but they never really put something as good as Tesla, plus look at SpaceX dudes literally managed to build rockets that can be reused and made it super cheap for space travel thanks to government loans. So as long as its helpful to humanity its good but if its creating unnecessary competition than its useless

Let me risk an answer

Maybe, Tesla is a monopolist (of sorts) primarily because it or its buyers in the US are massively subsidized by the American government, while other companies (read, from Europe and Japan) trying to make electric cars have to face the harsh economic reality without the recourse to government financial support in the form of tax reductions or direct subsidies to the buyers of these cars?

And the harsh reality is that such cars are very expensive in terms of both production and exploitation, especially if we consider all relevant expenses, both direct and indirect costs as well as delayed costs, i.e. the ones that you incur when you are getting rid of your old electric car or its worn-out parts such as batteries, for example (think nuclear power here with its quite devastating environmental impact many years after a nuclear power station is decommissioned)

[justdimin]

That is actually fine, actually what american government is doing for Tesla and Spacex should be an example for the European governments as well. We need to move to electric cars and we need to do it asap, we need companies to stop polluting the world as well but that seems like not gonna happen anytime soon.

Tesla has brought a great electric car to reality and now a lot of people are using it, they had great marketing as well because it was on many TV shows and movies as a car that really rich people who want to show off used. If all other car companies have to deal with economical issues while making theirs that is the governments problem since everyone moving to electric cars would have better the country they are built, both in economy because they would sell a lot and make money but also in pollution wise as well.

[sana54210]

It doesn't matter anyway. As long as the big companies are complying with the government's law. Then, it is fine. And how can you measure the big companies power? Companies are still under government. And to tell you, Facebook's new coin has still issues regarding people's data that government is still seeking for answers.

Like this Facebook that you pointed out, it is because they are now too powerful that they think they can decide for government by creating a coin  that they proposed to be used globally without even first consulting same government first.

I have no personal issue with big companies, but they are not giving chance for the smaller ones to life their head up because of the monopoly that they even enjoy through government and this does not call for advancement of our youth, which is why you see some of them not being able to think out of the box because they are subject to working under a company that claims to be the biggest because of the power that the government itself has given to them. Being big is not the problem, but it become problem when hey start feeling too big.

[Indamuck]

Yet, look at teals and SpaceX, they have actually improved the world a whole lot, they are almost like a monopoly when it comes to electric cars, all other old car companies are trying their best but they never really put something as good as Tesla, plus look at SpaceX dudes literally managed to build rockets that can be reused and made it super cheap for space travel thanks to government loans. So as long as its helpful to humanity its good but if its creating unnecessary competition than its useless

Let me risk an answer

Maybe, Tesla is a monopolist (of sorts) primarily because it or its buyers in the US are massively subsidized by the American government, while other companies (read, from Europe and Japan) trying to make electric cars have to face the harsh economic reality without the recourse to government financial support in the form of tax reductions or direct subsidies to the buyers of these cars?

And the harsh reality is that such cars are very expensive in terms of both production and exploitation, especially if we consider all relevant expenses, both direct and indirect costs as well as delayed costs, i.e. the ones that you incur when you are getting rid of your old electric car or its worn-out parts such as batteries, for example (think nuclear power here with its quite devastating environmental impact many years after a nuclear power station is decommissioned)

Musk is just another rich capitalist that takes the value of what others create.  He gets far too much credit and hasn't really accomplished anything by himself.  He was born into a rich family and his father owned a gem mine that employed slaves.

[lixer]

Disney has become the media giant and has been on a spending spree for the last decade buying up different ips.

Facebook has been buying up all their competition and is the dominant social media company and nothing else can compete with it.

Companies become so big and they have enormous power over us, do you think companies like this should be broken up by the government or be allowed to reign supreme?

The actual problem is that we the people are the ones that are allowing them to make use of us. Some people can't even make their own decisions and always waiting for someone to make the decision for them.

Yes, these companies are trying to take advantage of us, then why don't you stop making use of products that are released by these companies and make use of a competitor. If you continue to be making use of such products then you continue to give them control over and nothing else. They are all making use of their platform users as a means for making money.

I make use of such platforms like Facebook, but I don't really give real information about myself to Facebook, like giving my full name and I don't really give it full access on my device just like having access to my location and all that. And as for my device, I always switch off the GPS because I don't want bullshit like that.

Even Google is fond of all these trying to know what users are up to and all that. There are other competitors that are good, though one problem with some of their competitors is that they are not so good in offering some features that these companies are offering that's why people prefer to make use of these companies that are messing with their privacy.

[Pab]

Governments are not able to limit big corporations .Very often big corporation money are helping to choose  Governments.Money and politics is sad true
Very negative  influence of big corporation is corruption and creating monopol and dominance
Competition  wa always giving positive boost for modern economies
Sad true is that big corporation are paying less taxes in fact than small business
By my personal opinion small and medium business is root of healthy economy and that kind of business has to be somehow protected

[imstillthebest]

behind those big companies are still people .  without people , there will be no company  . therfor people or shall i say we , are still powerful than compare to a company .  so  what if these companies are big and growing ? these companies are also helping the people around them and they arent selfish i think  . for example disney is still producing good films and facebook is still improving thier services in order for thier users to feel satisfied  .

[Alert31]

Disney has become the media giant and has been on a spending spree for the last decade buying up different ips.

Facebook has been buying up all their competition and is the dominant social media company and nothing else can compete with it.

Companies become so big and they have enormous power over us, do you think companies like this should be broken up by the government or be allowed to reign supreme?

The power of bigger company doesn't last for so long if people stop patronizing them. Sometimes company become broken because of new and latest technology where their company can't go with it. Sometimes Government also the reason why those bigger companies down,because they broke up the laws of the government. In another word everything has an end,popularity,power,value,technology,and also bigger companies suffer bankruptcy they will not stay dominance. Other company drop down while other rise.

[kaya11]

Disney has become the media giant and has been on a spending spree for the last decade buying up different ips.

Facebook has been buying up all their competition and is the dominant social media company and nothing else can compete with it.

Companies become so big and they have enormous power over us, do you think companies like this should be broken up by the government or be allowed to reign supreme?

We need solid proof, evidence of the company being connected to illegal activities or else there won't be any chances of stopping it's operation. They run legally, abiding the laws, they are just bunch of money making machines and give great contributions to the society. They are also paying appropriate tax and nevertheless what on earth would be our weapon to bring down those giant companies even if they did not do something wrong at all. Also we are not sure if even you can find any holes to put down the company it will be stop, maybe they are helping the government or their CEO and leaders are bunch of frat dudes that cares for their members what e ver the cost. We are living in a world were justice is not served anymore, look at the world now, full of terrors.

[carter34]

The only thing I dislike about big companies or conglomerates is monopoly. They seem to monopolize every area of their interest and that leads to dictating prices of goods, they have gimmicks to make small companies pack up and go. The only competition they have is the government because of the large capital involved to establish it and most times the government leaves that to them making them the bourgeois.

[coolcoinz]

It's free and open market. If a company becomes big who should be the one to stop them? If we allow for the government to control and limit private companies where will you draw the line. Is a company with 100 million dollars in assets a big one, is it already too big? Should it be forced to stop expanding which may lead to destabilization and bankruptcy? Limiting the market from the outside is stupid, inefficient and unfair.

[dengpei]

Big companies have always risen in history and the answer has not been to break them up but let time to deal with them. There were bigger companies such as the East-India company that was a huge monster but nolonger exist today. Leave them to time and nature will take its course because if you try to break them up usually the vacuum is taken up by another soon after.

[jostorres]

behind those big companies are still people .  without people , there will be no company  . therfor people or shall i say we , are still powerful than compare to a company .  so  what if these companies are big and growing ? these companies are also helping the people around them and they arent selfish i think  . for example disney is still producing good films and facebook is still improving thier services in order for thier users to feel satisfied  .

When they say that there are companies that is being too powerful, I don’t see it that way at all as monopoly, I just feel that they work their way through it because for them to even get to that stage where they will be giving recognition by higher authority, they would have really worked hard for it and would have done lots of activities that would have given them the merit or the recognition by the high rules.

I believe that anyone who really wants to enjoy this monopoly being giving that is making people classify them as big companies, the person can also do it, it just depends on the level of push, not like the push of all these altcoins because I don’t see what they are pushing, but pushing of very notable people that we have in the world right now as role model.

[ajaymukund]

Disney has become the media giant and has been on a spending spree for the last decade buying up different ips.

Facebook has been buying up all their competition and is the dominant social media company and nothing else can compete with it.

Companies become so big and they have enormous power over us, do you think companies like this should be broken up by the government or be allowed to reign supreme?

No, they are still performing very well and bring great revenue to the country. There is no reason to stop them, such businesses often bring great value to the world, they will contribute to the government more tax money to build a better country.

[Xxmodded]

Company have big power what have to do but they always giants by government to allow how government rule, excatly with bitcoin want to build of cryptocurency transaction with easy and faster, many government want to give bad rule for bitcoin and try for banned bitcoin as transaction payment in the world.