Re:Google loses EU appeal and is fined a record $4B
by feanaro on Thursday September 22, 2022 @11:14AM
(#32940004)
Yeah, that surely wouldn't grind everything to a halt and effectively make the existence of non-megacorporations impossible.
No, what should instead be done is prevent the existence of these megacorporations which have disproportionate influence on humanity in the first place. Prevent them to form and chop up the existing ones aggressively into smaller ones.
Re:Google loses EU appeal and is fined a record $4B
by lioeters on Thursday September 22, 2022 @01:14PM
(#32941825)
I've long suspected that these "megacorporations" are nurtured for national security reasons, to consolidate and project power. The disproportionate influence is by design, a feature not a flaw. Especially since those who make the rules are owned by such powers themselves, including those responsible for intelligence (corporate spying, undermining workers unions) and regulation (not preventing Metalphabetamazons from dominating a wide range of industries).
Re:Google loses EU appeal and is fined a record $4B
by yamtaddle on Thursday September 22, 2022 @01:56PM
(#32942396)
This has at times been explicit policy. It's a big part of how Japan (re-)joined the developed world so fast after WWII—they gave a few megacorporations a captive home market to keep them healthy & safe, used incentives to get them to pool R&D money and share the output, then set them loose on foreign markets.
Make it illegal not to have a "custody trace" of how a decision came to be. Even if the CEO came up with it in the shower, for the thing to be implemented, it has to come across a lot of individuals. Make them having to keep all of that data around, and required to disclose how something came to be in case it's revealed as unlawful.