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REPORT: Arm is sensationally canceling the license that allowed Qualcomm to make Snapdragon chips which power everything from Microsoft's Copilot+ PCs to Samsung's Galaxy smartphones and tablets (www.windowscentral.com)

submitted 1 month ago by buckbanzai@infosec.pub to c/technology@lemmy.world

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[–] sunbeam60@lemmy.one 1 points 4 weeks ago (2 children)

Sorry have you been around to observe a lot of free markets ending?

[–] trashgirlfriend@lemmy.world 2 points 4 weeks ago (1 children)

Gestures wildly at current state of things

[–] sunbeam60@lemmy.one 4 points 4 weeks ago* (last edited 4 weeks ago) (2 children)

Yes but the statement was “this is how free markets always end”. And I’m just wondering if the commenter has actually been around to see “free markets ending.”

[–] trashgirlfriend@lemmy.world 2 points 4 weeks ago (1 children)

I think they were less talking about them ending as much as them tending towards the monopoly state over time.

[–] sunbeam60@lemmy.one 2 points 4 weeks ago

Got it. Saying “this is how free markets always end” if they meant “free markets tends to move towards monopolies” confused me.

[–] chakan2@lemmy.world 1 points 4 weeks ago

That's a fair comment I guess...but it's the reality of the game. The US was a free market through it's early history and today is the result of that.

It's just how the free market ends, always. It starts with a few winners consolidating, abusing their monopoly and buying their government protections, and poof...welcome to late stage capitalism.

"Free Market" people always disregard human nature at it's worst. There will always be people and orgs that game the system. You simply can't prevent that. The US is absolutely an end game free market.

[–] Petter1@lemm.ee 2 points 4 weeks ago

There are lots of different kinds of markets, like phone market, grocery market, goldsmith market, etc.

The governments have to interfere in many markets all the time, that there aren’t monopolies forming or Price-fixing agreement be done, which would lead to prices go ridiculously high, or last companies in markets fucking up taking tons of knowhow with them.