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A comment on Xi Jinping personally halted Ant's IPO after Jack Ma snubbed government leaders. Parent comment

Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by ivalm on Friday November 13, 2020 @10:31PM (#25090087)
No, but you can make that their suppliers break contract, their clients move away, etc. One can force a sale simply by making business untenable. Monopolistic and anti-competitive behaviors can happen without breaching private property laws, this is why government has to also fight anti-competitive behaviors.
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by chii on Friday November 13, 2020 @10:33PM (#25090101)
The cost of doing this in a democracy is more difficult. The cost of extortion is lower in an authoritarian regime because there are fewer people to bribe.
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by konjin on Saturday November 14, 2020 @03:52AM (#25091086)
Yet somehow the richest man on China hasn't managed to do that.

The systems are not equivalent. Trying to say one is better is short sighted and self defeating.

The US if it does not deal with monopolies is headed to a worst of all possible worlds.

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