That should be your very first clue that Nvidia needs to be broken up into smaller, competing companies.
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Monopolies gonna monopoly. Fuck Jensen.
If only there were some sort of anti-monopoly laws that existed and were actually enforced…
The FTC has at least been going after companies again, but their targeting priorities seem very strange. They seem to like picking impossible fights they can't win, rather than cases like these.
Antitrust isn't about just a binary win or loss. A lot of the cases, the FTC/DOJ has been losing because of concessions made by the merging parties. By showing a willingness to fight on mergers, the FTC is influencing the structure of mergers where merging companies are now willing to specifically identify business units to be spun off or sold.
Microsoft/Activision agreed to terms that would prevent their biggest titles from going Xbox exclusive. The Court that allowed the merger to go through specifically cited public statements and legally binding contracts as part of the reason why that deal could go through. The willingness to fight forced Microsoft to preserve some level of competition.
And a lot of the other deals haven't gone through. The FTC successfully blocked the merger between Penguin Random House and Simon & Schuster. The Nvidia/ARM deal was blocked. So was the Amazon/iRobot deal.
The smaller deals they've successfully blocked are also shifting the legal landscape on how courts view these deals. Nobody outside of biotech is familiar with names like Illumina/Grail, but that FTC win is a big deal for applying to a vertical merger between companies operating at different points of a supply chain, rather than a horizontal merger between direct competitors.
The heightened regulatory scrutiny is chilling mergers, even before they get to the point of FTC review, too. So there is some concrete effect here.
Lol hilarious watching companies be ruthless then scramble to keep shit together since they only want to line exec pockets and don't tackle real issues
Fuck them, their customers, fuck their execs 🤞
I guess the monopoly has to be preserved, so that Mr. Jensen has pocket money for another leather jacket.
I did some contract work for nvidia a few years ago to build out a data center for a client in the domain of pharmaceutical research. I've never worked for any employer more hypersensitive and narcissistic than nvidia. They will waste your time and fire you on the spot if you voice any concerns.
Gaussian, the molecular modeling software company, liked to do similar shit.
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