Comment on Nvidia becomes first company to reach $4tn in market value
EditsHisComments@lemmy.world 5 days agoIf they had more companies to compete with, then more taxes would be paid. But, regardless of how many competitors they have, if they paid more taxes then they wouldn’t have quite the market value that they do.
The whole reason these companies have such insane market values is because they’ve spent so much time and money artificially inflating their stock prices and by raising the barriers for entry into their industries