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tremontoday at 12:08 AM1 replyview on HN

What's frightening to me is that even in the EU people seem to think that unchecked consolidation of services is a good thing. I don't think it is a good thing at all that there exist companies with a budget larger than an average country.


Replies

esbransontoday at 12:45 AM

Is the budget of Saudi Aramco, of the King, larger than that of the Kingdom of Saudi Arabia, also of the same King? Why would that be not good, or bad?

Think about every international dollar the Kingdom takes from Aramco: would Aramco or the Kingdom make more profit from it, including taxes on the percent more Aramco makes from it than the Kingdom?