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Socialism: fine when my guys do it
Posted on: February 7, 2020 at 08:54:47 CT
MrBlueSky MU
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bad when your guys do it
https://www.engadget.com/2020/02/06/attorney-general-thinks-us-should-buy-nokia-ericsson/
It's no secret that the US views Huawei as a threat to national security. But the company is also playing a big role in building out 5G networks around the world, something that the US has major interests in. How to go about resolving such a conflict? If you're US Attorney general William Barr, you just have the country take controlling interest in Huawei competitors like Nokia and Ericsson.
"There are only two companies that can compete with Huawei right now: Nokia and Ericsson," Barr said in a speech (as reported by AFP) on China as an economic threat. "Putting our large market and financial muscle behind one or both of these firms would make it a far more formidable competitor and eliminate concerns over its staying power."
More specifically, Barr said that there were already a few proposals being discussed that involve the US to aligning itself with Nokia and/or Ericsson through either American ownership of a controlling stake or through a "consortium or private American and allied companies."
https://www.engadget.com/2020/02/06/attorney-general-thinks-us-should-buy-nokia-ericsson/
It's no secret that the US views Huawei as a threat to national security. But the company is also playing a big role in building out 5G networks around the world, something that the US has major interests in. How to go about resolving such a conflict? If you're US Attorney general William Barr, you just have the country take controlling interest in Huawei competitors like Nokia and Ericsson.
"There are only two companies that can compete with Huawei right now: Nokia and Ericsson," Barr said in a speech (as reported by AFP) on China as an economic threat. "Putting our large market and financial muscle behind one or both of these firms would make it a far more formidable competitor and eliminate concerns over its staying power."
More specifically, Barr said that there were already a few proposals being discussed that involve the US to aligning itself with Nokia and/or Ericsson through either American ownership of a controlling stake or through a "consortium or private American and allied companies."
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Socialism: fine when my guys do it - MrBlueSky MU - 2/7 08:54:47
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