Seen this argument a lot recently, it's a really interesting take that I wouldn't have really considered before.
The common argument for breaking up monopolies is to provide more competition in the key area, since monopolies tend to focus efforts on things that don't benefit the consumer (like buying out smaller companies to stop them existing).
From that view, monopolies don't really benefit the US, if anything it stops the US market functioning competitively, and eventually running themselves into the ground.
I guess the other view is that "somebody is going to have a monopoly so why shouldn't it be my country?", but I'd say that ignores the fact that you can just curb other non-competitive behaviour fron foreign countries, like the EU has been trying to do with Apple and Google.
The common argument for breaking up monopolies is to provide more competition in the key area, since monopolies tend to focus efforts on things that don't benefit the consumer (like buying out smaller companies to stop them existing).
From that view, monopolies don't really benefit the US, if anything it stops the US market functioning competitively, and eventually running themselves into the ground.
I guess the other view is that "somebody is going to have a monopoly so why shouldn't it be my country?", but I'd say that ignores the fact that you can just curb other non-competitive behaviour fron foreign countries, like the EU has been trying to do with Apple and Google.