Re:U.S. states lean toward breaking up Google's ad tech busi...
by Aunche on Saturday June 06, 2020 @12:30AM
(#23436837)
17.5% of the S&P 500 is Apple, Amazon, Facebook, Microsoft, and Google. What percentage of the top European companies are that new?
Re:U.S. states lean toward breaking up Google's ad tech busi...
by inopinatus on Saturday June 06, 2020 @09:56AM
(#23439199)
New? Microsoft was founded 45 years ago, Apple is 44.
Top? The S&P 500 is riddled with mediocrities and rent-seekers.
17.5%? Five out of five hundred is 1%.
Re:U.S. states lean toward breaking up Google's ad tech busi...
by Aunche on Saturday June 06, 2020 @10:47AM
(#23439557)
Microsoft and Apple are still new by European standards. The only newish European megacorp is SAP, which is older than Microsoft and Apple.
17.5% of the market share.
Re:U.S. states lean toward breaking up Google's ad tech busi...
by inopinatus on Saturday June 06, 2020 @06:28PM
(#23442855)
Not sure what that number means to you, but see above about why it’s so low; established money protects itself.
Or the large companies that are repackaged versions of much older companies, with lineage back to the 19th century. Exxon & Chevron, for example, trace back to Standard Oil (1870); AT&T and Verizon (from Bell, 1877), Dow/DuPont (1897 or 1802, take your pick), Citigroup (from Citicorp, 1812). Banking often goes further back: BofA (Massachusetts Bank, 1784), JPMorgan (Manhattan Company, 1799).
Moving cuts of the pie around is a shell game. For sure the US is less regulated than Europe, so labels change more often, but the old money doesn't.