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Huawei is a monopoly in wireless USB 3G and 4G modems

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cosmicone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-16-11 09:36 PM
Original message
Huawei is a monopoly in wireless USB 3G and 4G modems
Huawei did this by selling the modems below cost in key markets until all competitors went bankrupt or were acquired. It is a Chinese government controlled company that has a commercial enterprise facade.

The US government needs to subsidize a US manufacturer of wireless USB modems to break the monopoly and reduce Huawei's power.

I could say this about a lot of Chinese companies.
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Muskypundit Donating Member (417 posts) Send PM | Profile | Ignore Sun Oct-16-11 11:47 PM
Response to Original message
1. But that, my soylent green friend, would be socialism.
And letting a communist country get a monopoly is capitalism.
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