Over-Zealous Antitrust Enforcement Vs. National Interest: The Case Of Qualcomm And 5G [Investor's Business Daily]
International Business Machines Corporation (IBM)
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Source: Investors Business Daily
Our own government is, once again, undermining the nation's economic and security interests by launching an unnecessary antitrust attack on a leading domestic company. This time, the company is Qualcomm, our leader in 3G, 4G and emerging 5G mobile communications technologies. Leadership in 5G will be global and foundational to nearly all the new advanced technologies, including the Internet of Things, Artificial Intelligence, autonomous vehicles, robotics, and automated health care. Our main rival, China, has adopted the Made in China 2025 Plan to dominate all these new technologies. To reach its target date, it has invested massive amounts of both private and government capital to develop its own advances in technology. China is also acquiring new U.S. technologies by a variety of methods, including forcing U.S. companies operating in China to take Chinese "partners" and disclose to them advanced technologies, by using its massive military resources to obtain advanced technology via
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