The Federal Trade Commission’s (FTC) recent merger decision affected the two political goals stated by President Biden and jeopardized the success of both: First, he expressed his desire to keep the United States competitive with geopolitical opponents. Its launch decisively won the fight against cancer. There are opportunities to make great progress in both areas, but the FTC needs to maintain a more stable route than it has recently. FTC’s destructive priority will have far-reaching unforeseen consequences. It should not be surprising that the center of gravity of the
National Defense Industrial Base is changing, but seeing three Chinese companies in the top ten in recent revenue rankings is a wake-up call for many people. When Tier 2 and Tier 3 suppliers join the mix, the situation looks even more difficult. The simple reality is that the United States and allied defense companies face a series of daring challengers, and excellence is not a matter of course.
Given the strong support of the Chinese government for its defense industry, this situation has become more challenging and its scale is much larger than that of comparable Western countries. The main conclusion to be drawn from this reality is simple: the government, Congress, and the defense community at large must increasingly consider the foundation of the American defense industry competitively, where the top ranking is no longer related to health. Now is the time to take common-sense steps to enhance America’s competitive advantage.
The first place to begin this process is to reestablish common sense rules regarding the sale of weapons abroad. For decades, many in the US government have vetoed the sale of various technologies to allies and partners in an effort to shape policy outcomes and limit the potentially unfavorable use of these technologies. Remotely controlled aircraft (RPA) is a key example. The United States has long been a technological leader in this field, and many countries hope to obtain a type like MQ9 Reaper. However, a large part of these sales requests were rejected because some policy officials were concerned about how the purchasing country might use the system. In a perfect world where the United States maintains a technological lock-in, this approach may make sense. However, this does not reflect the world we live in. Because their requests for American technology were rejected, these countries simply turned to other countries with similar systems, with China at the top of the list. Therefore, the country ignored the concerns of the United States and not only achieved its ultimate goal, but also promoted the development of the anti-monopoly industry and restricted our development. Talking about your feet...
Foreign arms sales are very important. They have strengthened the depth of our industrial base, provided Americans with high-quality jobs, and injected capital that will help produce the next generation of technology. They also reduce the company’s reliance on the US defense budget, freeing the service from the unfortunate situation of simply buying equipment, so a key industry can keep going. Have you ever wondered why the US Army buys tanks every year, even if it has thousands of them? We only have one factory that can produce them, so we keep operating or lose it. It is advisable to allow others to help carry heavy objects.
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These deals also support strong military-military relations, because allies operating as a team can cooperate more effectively and often. This is a great benefit when the United States needs to increase capacity for a certain sport. We also obtain information on how these devices are used in foreign countries. If things go against the interests and values ​​of the United States, we can shut down the flow of spare parts and technical support at any time. This of course cannot be said when the team comes from China or other competitors. The
challenge is not limited to traditional defense companies. If COVID19 has taught us anything, it emphasizes that national security in the 21st century goes far beyond traditional measures of force, such as how many planes, ships, satellites, and tanks a country has. A wider range of technologies—whether it is 5G telecommunications network security, medical supplies, artificial intelligence (AI), and other technologies and infrastructure—are key pillars of U.S. security. This is why it is important. Track Chinese projects specifically designed to surpass the United States in terms of technological innovation.
One of its most ambitious efforts is the China Thousand Talents Program, a global effort aimed at conquering and recruiting world-class experts in scientific research, innovation and entrepreneurship. Although China does not have an economy dominated by legal currency, the Chinese Communist Party (CCP) can mobilize a lot of resources to achieve its technological goals. In the most recent five-year plan, the CCP proposed to increase R&D expenditures by at least 7% each year from 2021 to 2025. According to Li Kaifu, a Chinese artificial intelligence expert, “They have incubated the most agile and smartest generation of entrepreneurs in the world.” China is obviously always playing, and its innovation is likely to accelerate and improve its internal security and enhance its The desire for power projection.
American leaders must consider this regulatory challenge. American companies can no longer focus on simply examining the American economy. We must assess the global competitive arena. For example: in September of last year, two US companies, Illumina ILMN + 1.8% and GRAIL, applied to the FTC for approval of the merger. The two companies are not strange. Illumina initially launched GRAIL to isolate risks and enable the smaller company to accelerate medical innovation in the key area of ​​early cancer detection. Now these companies want to reorganize and look like

By Peter

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