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What is a Printed Circuit Board?
Printed Circuit Boards are boards that connect various points together through lines and pads. They allow signals and power to connect between two separate physical devices. While the term âprinted circuit boardâ is typically used, other terms to describe these include âprinted wiring boardâ and âprinted wiring card.â
#marketing#investing#finance#branding#pcb circuit#pcb#pc build#pcb assembly#flexible circuit board#pcb board fabrication#pcb circuit design#pcb circuit in Gujarat#pcb design company#Printed Circuit Boards
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Why Choose the Leading PCB Manufacturer in Ahmedabad?
Epsilon Electronic is trusted name for high quality PCB manufacturing in Ahmedabad. We have years of expertise in designing and producing printed circuit board and we are cater to various industries including automotive, electronic, medical equipment and telecommunications. Our advance technology make sure that every PCB compete highest standard of durability and precision and giving your electronic device a robust foundation for seamless operation. We make first prioritize customer satisfaction and delivered on time production and we can make sure that your project stay on track.
Epsilon Electronic is you benefit from our commitment to innovation, superior manufacturing and customer first approach. Our experienced expert team works closely with client to understand their specific requirement and we are providing solution that improve product performance. If you need prototype or large scale production then we are providing reliable and efficient service that compete your business goal.
Discover why Epsilon Electronic is top choice for PCB manufacturing in Ahmedabad. Visit our website epsilonelectronic.in today for more detail on our service and then we are providing reliable and efficient service that compete your business goal.
#pcb assembly service provider#ems solution provides#pcb assembly service provider in gujarat#pcb assembly service provider in india#circuit design company in india#ems supplier in gujarat#pcb design company in india#pcb design company in gujarat#ems solution provider#ems supplier in india
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Outsourcing PCB Prototyping: What You Need to Know
Outsourcing PCB prototyping can enhance your business by allowing you to focus on core competencies while experts handle technical aspects. Key factors to consider include:
1. Identify Your Needs:Â
Define your requirements, whether itâs a simple single-layer PCB or a complex multi-layer board.
2. Research Potential Partners:
Investigate multiple vendors, focusing on those with proven experience and positive reviews.
3. Evaluate Technical Expertise:Â
Ensure the company has skilled engineers proficient in the latest **PCB design software** and manufacturing techniques.
4. Consider Turnaround Time:Â
Choose a partner who offers quick, accurate prototyping services.
5. Assess Communication Skills:Â
Opt for a company that is responsive and keeps you updated.
6. Request Prototypes:Â
Get sample prototypes to evaluate their workmanship and quality.
Following these steps helps you find a reliable PCB prototype service. Outsourcing can streamline operations and improve product quality. Bay Area Circuits (BAC), a leading PCB manufacturing company, offers high-quality PCB assembly services and prototypes, ensuring project success. Contact BAC today to start your next project. To know more, Read this blog
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Top Electronic Industry
Powering India Electronic Manufacturing Revolution: The Avalontec Story
In the dynamic landscape of the global electronics industry, India has emerged as a rising star, thanks to the efforts of innovative companies like Avalontec. As a leading electronic manufacturing services (EMS) provider, Avalontec has been at the forefront of transforming India's electronics manufacturing capabilities, delivering world-class solutions to a diverse range of clients.
Avalontec: Driving India's EMS Prowess
Headquartered in India, Avalontec has established a strong foothold in the country's EMS sector, leveraging its state-of-the-art facilities, skilled workforce, and deep industry expertise. The company's commitment to quality, innovation, and customer satisfaction has earned it a reputation as a trusted partner for global organizations seeking reliable and efficient electronic manufacturing services.
Comprehensive EMS Solutions
Avalontec comprehensive suite of EMS offerings caters to a wide range of industries, including aerospace, automotive, healthcare, industrial, and telecommunications. From PCB assembly and box build manufacturing to cable and wire harness production, the company's capabilities span the entire product lifecycle, enabling clients to streamline their operations and focus on their core competencies.
Embracing Cutting-Edge Technologies
Avalontec electronic manufacturing company a dedication to innovation is reflected in its embrace of the latest technologies and manufacturing processes. The company's facilities are equipped with advanced equipment and systems, ensuring the delivery of high-quality, defect-free products that meet the most stringent industry standards.
Commitment to Sustainability
Avalontec vision extends beyond just manufacturing excellence; the company is also committed to promoting sustainable practices throughout its operations. By implementing eco-friendly initiatives, optimizing resource utilization, and contributing to the development of green technologies, Avalontec is setting new benchmarks for environmental responsibility in the EMS industry.
Empowering India's Electronics Ecosystem
As a leading EMS provider in India, Avalontec is playing a pivotal role in strengthening the country's electronics manufacturing ecosystem. The company's investments in infrastructure, workforce development, and technology transfer are helping to nurture a thriving environment for innovation and growth in the sector.
Shaping the Future of Electronic Manufacturing
Avalontec success story is a testament to the immense potential of India's electronics manufacturing industry. By combining its comprehensive EMS capabilities, technological prowess, and commitment to sustainability, the company is poised to continue driving the transformation of the industry, empowering Indian businesses to compete on a global scale and solidifying the country's position as a hub for electronic manufacturing excellence.
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Explore the top 10 PCB assembly companies in China for 2024. Discover industry-leading providers offering quality PCB assembly services, advanced technology, and exceptional customer support.
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What is Heart of Innovation in PCB Assembly and Electronic Manufacturing
Within the walls of a PCB factory, precision is not just a requirement; it's a way of life. These facilities are equipped with state-of-the-art machinery operated by skilled technicians who ensure every minute detail is adhered to. From solder paste application to component placement and reflow soldering, each step demands a meticulous approach. The harmony of man and machine in a PCB factory is the symphony that brings forth technological marvels, fostering innovation in every circuit.
#pcb factory near me#pcb assembly#pcb board manufacturer near me#electronic manufacturing company#printed circuit board assembly near me
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Investing in Reliable Electronics Assembly and Fabrication Services is Beneficial
Another benefit is optimizing the process of sourcing PCB devices and fabrication services in a highly cost-effective manner. You can control the budget for the project without any hassles. The flexible PCB cost doesnât go through the roof. You can keep the expense down. It is more sustainable from a long-term perspective.
#PCB Assembly Fabrication#PCB Assembly#PCB#rigid flex printed circuit boards#flexible pcb#printed circuit board assembly services#printed circuit board company
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Top 10 PCB Manufacturers in the World: A Comprehensive Guide
Introduction
In today's technologically advanced world, printed circuit boards (PCBs) play a crucial role in powering various electronic devices. From smartphones and laptops to medical equipment and automotive systems, PCBs serve as the backbone of modern technology. With the increasing demand for high-quality PCBs, it's essential to know about the top manufacturers in the world. This comprehensive guide will explore the top 10 PCB manufacturers globally, shedding light on their expertise, capabilities, and contributions to the industry.
PCB Manufacturing Industry: An Overview
Before delving into the top 10 PCB manufacturers, let's first understand the PCB manufacturing industry as a whole. PCBs are vital components that provide electrical connections and mechanical support for various electronic components. They are made by laminating thin layers of copper onto a non-conductive substrate, usually made of fiberglass or composite epoxy materials.
PCBs can have multiple layers, each serving a specific purpose. The manufacturing process involves intricate steps such as designing the PCB layout, etching the copper layers, drilling holes, and applying solder mask and silkscreen for labeling.
The PCB manufacturing industry is highly competitive and driven by innovation. With advancements in technology, manufacturers are constantly pushing the boundaries to produce PCBs that are smaller, more efficient, and capable of supporting complex electronic designs.
Now, let's dive into the top 10 PCB manufacturers in the world and explore their unique strengths and contributions.
ACME Circuits â We are the best-printed circuit board manufacturer and services providers. We provide high-quality PCB assembly, PCB design, PCB fabrication, PCB layout, PCB programming, testing, etc.
2. Foxconn Technology GroupÂ
3. TTM Technologies
4. Tripod Technology Corporation
5. Unimicron Technology Corporation
6. Zhen Ding Technology HoldingÂ
7. Nippon MektronÂ
8. Sumitomo Electric Industries
9. Young Poong Electronics
10. Samsung Electro-MechanicsÂ
Conclusion
Choosing the right PCB manufacturer is paramount to the success of any electronic product. The top 10 PCB manufacturers in the world mentioned in this article have demonstrated their expertise, reliability, and commitment to delivering high-quality PCB solutions. Whether you prioritize innovation, customization, sustainability, or scalability, these manufacturers offer a diverse range of options to suit your specific requirements. By partnering with a reputable and trusted PCB manufacturer, you can ensure the seamless integration of PCBs into your electronic devices, ultimately enhancing their performance and reliability.
#Printed Circuit Board Manufacturers#pcb manufacturing#printed circuit board assembly#circuit board manufacturing#pcb board manufacturer#high frequency pcb manufacturing#printed circuit board manufacturers near me#pcb manufacturer#pcb supplier#pcb assembly services#pcb assembly manufacturer#electronic cable assembly#electronic contract services#pcb exporters#printed circuit board manufacturer in india#pcb manufacturing companies in india
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Techno Advance System Providing Single and Double Sided PCB Soldering in India. We also offer Single and Double Sided PCB Soldering Job Work in Gandhinagar, Ahmedabad. Contact us for more details.
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Printed Circuit Board Surface Finishes And Their Effects On Solderability And Reliability
When designing a printed circuit board, selecting the right PCB surface finish is essential to ensure the reliable soldering of components. Different types of PCB surface finishes have different effects on solderability and reliability. The PCB designer and manufacturer should understand the different finishes available and how to use them to maximize the performance of the PCB. We will discuss here the different types of PCB surface finishes available, their effects on solderability and reliability, and tips for selecting the best finish for your project.
See more:Â Read more: https://bit.ly/3OhFAlP Website: https://pnconline.com Twitter: https://twitter.com/PNCINC Facebook: https://www.facebook.com/PNCONLINE Pinterest: https://www.pinterest.com.au/rrosh2014/ Bresdel: https://bresdel.com/pncinc Myspace: https://myspace.com/pncinc2020 Address: 115 East Centre St. Nutley, NJ, 07110 Call us: (973) 284-1600 Email us: [email protected]
#smt assembly#printed circuit board assembly#printed circuit board assembly companies#pcb assembly services#pc board assembly#PCB assembly manufacturer
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Top PCB Circuit Manufacturers & Suppliers in Delhi
Are you looking for a reliable PCB manufacturer in Delhi to meet your electronic manufacturing needs? Choosing the right PCB (Printed Circuit Board) supplier is crucial for ensuring the quality and reliability of your electronic products. We are a leading manufacturer of printed circuit boards and related products. We have developed a unique production process that allows us to provide customers the best quality of PCBs at an affordable price.
#pcb board fabrication#pcb circuit design#pcb circuit board near me#pcb assembly company in india#pcb fabrication near me#pcb circuit board manufacturers in india#circuit board manufacturers near me
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Expert Electronic System Design and Manufacturing Services
Epsilon Electronics provide expert electronics system design and manufacturing service. We are delivering modern solution compete to the needs of various industries. Our experience team specialized designed in innovative and high performance electronic system that are reliable and efficient. Epsilon Electronics is make sure that every stage of development is optimized for quality and precision that make trusted partner for your electronic system needs.
Epsilon Electronics is providing excellence custom manufacturing solution that compete to various application including automotive, telecommunication, industrial automation and consumer electronics. Our advance manufacturing capabilities and strict quality control processes are durable and high quality system that compete industry standards. Choose Epsilon Electronics for end-to-end electronic system design and manufacturing services that deliver unmatched results.
If you want to learn more about our expert electronics system design and manufacturing services then visit our website today. Epsilon Electronics is providing innovative and reliable solutions compete to your specific needs. Follow this link to explore our offers and contact with us epsilonelectronics.in. Trust Epsilon Electronics for top-quality electronic systems!
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flex pcb fabrication 2023 3
#youtube#flex.pcb.fabrication.2023.3 flexible PCB manufacturer factory Flex PCB production Flex PCB assembly services company Shenzhen China hongkong
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If youâre looking for a reliable and professional PCB assembly service, look no further than Avalon. They are a leading EMS company with a reputation for delivering high-quality electronic products. They have a rigorous quality assurance process that ensures every PCB is flawless and functional. They also have a fast and flexible prototyping service that can handle any design complexity. Whether you need low-volume or high-volume production, they can accommodate your needs with their state-of-the-art facilities and equipment. They are experts in Surface Mount Technology (SMT), which allows them to place components precisely and efficiently. Avalon is the ultimate PCB assembly partner for any industry that requires top-notch electronics.
#electronic manufacturing services companies#pcb#pcbassembly#pcbdesign#pcbmanufacturer#pcb assembly services#pcb assembly in india#top ems companies in india#bestemscompanies in india#quality#manufacturing
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The reason you canât buy a car is the same reason that your health insurer let hackers dox you
On July 14, I'm giving the closing keynote for the fifteenth HACKERS ON PLANET EARTH, in QUEENS, NY. Happy Bastille Day! On July 20, I'm appearing in CHICAGO at Exile in Bookville.
In 2017, Equifax suffered the worst data-breach in world history, leaking the deep, nonconsensual dossiers it had compiled on 148m Americans and 15m Britons, (and 19k Canadians) into the world, to form an immortal, undeletable reservoir of kompromat and premade identity-theft kits:
https://en.wikipedia.org/wiki/2017_Equifax_data_breach
Equifax knew the breach was coming. It wasn't just that their top execs liquidated their stock in Equifax before the announcement of the breach â it was also that they ignored years of increasingly urgent warnings from IT staff about the problems with their server security.
Things didn't improve after the breach. Indeed, the 2017 Equifax breach was the starting gun for a string of more breaches, because Equifax's servers didn't just have one fubared system â it was composed of pure, refined fubar. After one group of hackers breached the main Equifax system, other groups breached other Equifax systems, over and over, and over:
https://finance.yahoo.com/news/equifax-password-username-admin-lawsuit-201118316.html
Doesn't this remind you of Boeing? It reminds me of Boeing. The spectacular 737 Max failures in 2018 weren't the end of the scandal. They weren't even the scandal's start â they were the tipping point, the moment in which a long history of lethally defective planes "breached" from the world of aviation wonks and into the wider public consciousness:
https://en.wikipedia.org/wiki/List_of_accidents_and_incidents_involving_the_Boeing_737
Just like with Equifax, the 737 Max disasters tipped Boeing into a string of increasingly grim catastrophes. Each fresh disaster landed with the grim inevitability of your general contractor texting you that he's just opened up your ceiling and discovered that all your joists had rotted out â and that he won't be able to deal with that until he deals with the termites he found last week, and that they'll have to wait until he gets to the cracks in the foundation slab from the week before, and that those will have to wait until he gets to the asbestos he just discovered in the walls.
Drip, drip, drip, as you realize that the most expensive thing you own â which is also the thing you had hoped to shelter for the rest of your life â isn't even a teardown, it's just a pure liability. Even if you razed the structure, you couldn't start over, because the soil is full of PCBs. It's not a toxic asset, because it's not an asset. It's just toxic.
Equifax isn't just a company: it's infrastructure. It started out as an engine for racial, political and sexual discrimination, paying snoops to collect gossip from nosy neighbors, which was assembled into vast warehouses full of binders that told bank officers which loan applicants should be denied for being queer, or leftists, or, you know, Black:
https://jacobin.com/2017/09/equifax-retail-credit-company-discrimination-loans
This witch-hunts-as-a-service morphed into an official part of the economy, the backbone of the credit industry, with a license to secretly destroy your life with haphazardly assembled "facts" about your life that you had the most minimal, grudging right to appeal (or even see). Turns out there are a lot of customers for this kind of service, and the capital markets showered Equifax with the cash needed to buy almost all of its rivals, in mergers that were waved through by a generation of Reaganomics-sedated antitrust regulators.
There's a direct line from that acquisition spree to the Equifax breach(es). First of all, companies like Equifax were early adopters of technology. They're a database company, so they were the crash-test dummies for ever generation of database. These bug-riddled, heavily patched systems were overlaid with subsequent layers of new tech, with new defects to be patched and then overlaid with the next generation.
These systems are intrinsically fragile, because things fall apart at the seams, and these systems are all seams. They are tech-debt personified. Now, every kind of enterprise will eventually reach this state if it keeps going long enough, but the early digitizers are the bow-wave of that coming infopocalypse, both because they got there first and because the bottom tiers of their systems are composed of layers of punchcards and COBOL, crumbling under the geological stresses of seventy years of subsequent technology.
The single best account of this phenomenon is the British Library's postmortem of their ransomware attack, which is also in the running for "best hard-eyed assessment of how fucked things are":
https://www.bl.uk/home/british-library-cyber-incident-review-8-march-2024.pdf
There's a reason libraries, cities, insurance companies, and other giant institutions keep getting breached: they started accumulating tech debt before anyone else, so they've got more asbestos in the walls, more sagging joists, more foundation cracks and more termites.
That was the starting point for Equifax â a company with a massive tech debt that it would struggle to pay down under the most ideal circumstances.
Then, Equifax deliberately made this situation infinitely worse through a series of mergers in which it bought dozens of other companies that all had their own version of this problem, and duct-taped their failing, fucked up IT systems to its own. The more seams an IT system has, the more brittle and insecure it is. Equifax deliberately added so many seams that you need to be able to visualized additional spatial dimensions to grasp them â they had fractal seams.
But wait, there's more! The reason to merge with your competitors is to create a monopoly position, and the value of a monopoly position is that it makes a company too big to fail, which makes it too big to jail, which makes it too big to care. Each Equifax acquisition took a piece off the game board, making it that much harder to replace Equifax if it fucked up. That, in turn, made it harder to punish Equifax if it fucked up. And that meant that Equifax didn't have to care if it fucked up.
Which is why the increasingly desperate pleas for more resources to shore up Equifax's crumbling IT and security infrastructure went unheeded. Top management could see that they were steaming directly into an iceberg, but they also knew that they had a guaranteed spot on the lifeboats, and that someone else would be responsible for fishing the dead passengers out of the sea. Why turn the wheel?
That's what happened to Boeing, too: the company acquired new layers of technical complexity by merging with rivals (principally McDonnell-Douglas), and then starved the departments that would have to deal with that complexity because it was being managed by execs whose driving passion was to run a company that was too big to care. Those execs then added more complexity by chasing lower costs by firing unionized, competent, senior staff and replacing them with untrained scabs in jurisdictions chosen for their lax labor and environmental enforcement regimes.
(The biggest difference was that Boeing once had a useful, high-quality product, whereas Equifax started off as an irredeemably terrible, if efficient, discrimination machine, and grew to become an equally terrible, but also ferociously incompetent, enterprise.)
This is the American story of the past four decades: accumulate tech debt, merge to monopoly, exponentially compound your tech debt by combining barely functional IT systems. Every corporate behemoth is locked in a race between the eventual discovery of its irreparable structural defects and its ability to become so enmeshed in our lives that we have to assume the costs of fixing those defects. It's a contest between "too rotten to stand" and "too big to care."
Remember last February, when we all discovered that there was a company called Change Healthcare, and that they were key to processing virtually every prescription filled in America? Remember how we discovered this? Change was hacked, went down, ransomed, and no one could fill a scrip in America for more than a week, until they paid the hackers $22m in Bitcoin?
https://en.wikipedia.org/wiki/2024_Change_Healthcare_ransomware_attack
How did we end up with Change Healthcare as the linchpin of the entire American prescription system? Well, first Unitedhealthcare became the largest health insurer in America by buying all its competitors in a series of mergers that comatose antitrust regulators failed to block. Then it combined all those other companies' IT systems into a cosmic-scale dog's breakfast that barely ran. Then it bought Change and used its monopoly power to ensure that every Rx ran through Change's servers, which were part of that asbestos-filled, termite-infested, crack-foundationed, sag-joisted teardown. Then, it got hacked.
United's execs are the kind of execs on a relentless quest to be too big to care, and so they don't care. Which is why their they had to subsequently announce that they had suffered a breach that turned the complete medical histories of one third of Americans into immortal Darknet kompromat that is â even now â being combined with breach data from Equifax and force-fed to the slaves in Cambodia and Laos's pig-butchering factories:
https://www.cnn.com/2024/05/01/politics/data-stolen-healthcare-hack/index.html
Those slaves are beaten, tortured, and punitively raped in compounds to force them to drain the life's savings of everyone in Canada, Australia, Singapore, the UK and Europe. Remember that they are downstream of the forseeable, inevitable IT failures of companies that set out to be too big to care that this was going to happen.
Failures like Ticketmaster's, which flushed 500 million users' personal information into the identity-theft mills just last month. Ticketmaster, you'll recall, grew to its current scale through (you guessed it), a series of mergers en route to "too big to care" status, that resulted in its IT systems being combined with those of Ticketron, Live Nation, and dozens of others:
https://www.nytimes.com/2024/05/31/business/ticketmaster-hack-data-breach.html
But enough about that. Let's go car-shopping!
Good luck with that. There's a company you've never heard. It's called CDK Global. They provide "dealer management software." They are a monopolist. They got that way after being bought by a private equity fund called Brookfield. You can't complete a car purchase without their systems, and their systems have been hacked. No one can buy a car:
https://www.cnn.com/2024/06/27/business/cdk-global-cyber-attack-update/index.html
Writing for his BIG newsletter, Matt Stoller tells the all-too-familiar story of how CDK Global filled the walls of the nation's auto-dealers with the IT equivalent of termites and asbestos, and lays the blame where it belongs: with a legal and economics establishment that wanted it this way:
https://www.thebignewsletter.com/p/a-supreme-court-justice-is-why-you
The CDK story follows the Equifax/Boeing/Change Healthcare/Ticketmaster pattern, but with an important difference. As CDK was amassing its monopoly power, one of its execs, Dan McCray, told a competitor, Authenticom founder Steve Cottrell that if he didn't sell to CDK that he would "fucking destroy" Authenticom by illegally colluding with the number two dealer management company Reynolds.
Rather than selling out, Cottrell blew the whistle, using Cottrell's own words to convince a district court that CDK had violated antitrust law. The court agreed, and ordered CDK and Reynolds â who controlled 90% of the market â to continue to allow Authenticom to participate in the DMS market.
Dealers cheered this on: CDK/Reynolds had been steadily hiking prices, while ingesting dealer data and using it to gouge the dealers on additional services, while denying dealers access to their own data. The services that Authenticom provided for $35/month cost $735/month from CDK/Reynolds (they justified this price hike by saying they needed the additional funds to cover the costs of increased information security!).
CDK/Reynolds appealed the judgment to the 7th Circuit, where a panel of economists weighed in. As Stoller writes, this panel included monopoly's most notorious (and well-compensated) cheerleader, Frank Easterbrook, and the "legendary" Democrat Diane Wood. They argued for CDK/Reynolds, demanding that the court release them from their obligations to share the market with Authenticom:
https://caselaw.findlaw.com/court/us-7th-circuit/1879150.html
The 7th Circuit bought the argument, overturning the lower court and paving the way for the CDK/Reynolds monopoly, which is how we ended up with one company's objectively shitty IT systems interwoven into the sale of every car, which meant that when Russian hackers looked at that crosseyed, it split wide open, allowing them to halt auto sales nationwide. What happens next is a near-certainty: CDK will pay a multimillion dollar ransom, and the hackers will reward them by breaching the personal details of everyone who's ever bought a car, and the slaves in Cambodian pig-butchering compounds will get a fresh supply of kompromat.
But on the plus side, the need to pay these huge ransoms is key to ensuring liquidity in the cryptocurrency markets, because ransoms are now the only nondiscretionary liability that can only be settled in crypto:
https://locusmag.com/2022/09/cory-doctorow-moneylike/
When the 7th Circuit set up every American car owner to be pig-butchered, they cited one of the most important cases in antitrust history: the 2004 unanimous Supreme Court decision in Verizon v Trinko:
https://www.oyez.org/cases/2003/02-682
Trinko was a case about whether antitrust law could force Verizon, a telcoms monopolist, to share its lines with competitors, something it had been ordered to do and then cheated on. The decision was written by Antonin Scalia, and without it, Big Tech would never have been able to form. Scalia and Trinko gave us the modern, too-big-to-care versions of Google, Meta, Apple, Microsoft and the other tech baronies.
In his Trinko opinion, Scalia said that "possessing monopoly power" and "charging monopoly prices" was "not unlawful" â rather, it was "an important element of the free-market system." Scalia â writing on behalf of a unanimous court! â said that fighting monopolists "may lessen the incentive for the monopolistâŠto invest in those economically beneficial facilities."
In other words, in order to prevent monopolists from being too big to care, we have to let them have monopolies. No wonder Trinko is the Zelig of shitty antitrust rulings, from the decision to dismiss the antitrust case against Facebook and Apple's defense in its own ongoing case:
https://www.ftc.gov/system/files/documents/cases/073_2021.06.28_mtd_order_memo.pdf
Trinko is the origin node of too big to care. It's the reason that our whole economy is now composed of "infrastructure" that is made of splitting seams, asbestos, termites and dry rot. It's the reason that the entire automotive sector became dependent on companies like Reynolds, whose billionaire owner intentionally and illegally destroyed evidence of his company's crimes, before going on to commit the largest tax fraud in American history:
https://www.wsj.com/articles/billionaire-robert-brockman-accused-of-biggest-tax-fraud-in-u-s-history-dies-at-81-11660226505
Trinko begs companies to become too big to care. It ensures that they will exponentially increase their IT debt while becoming structurally important to whole swathes of the US economy. It guarantees that they will underinvest in IT security. It is the soil in which pig butchering grew.
It's why you can't buy a car.
Now, I am fond of quoting Stein's Law at moments like this: "anything that can't go on forever will eventually stop." As Stoller writes, after two decades of unchallenged rule, Trinko is looking awfully shaky. It was substantially narrowed in 2023 by the 10th Circuit, which had been briefed by Biden's antitrust division:
https://law.justia.com/cases/federal/appellate-courts/ca10/22-1164/22-1164-2023-08-21.html
And the cases of 2024 have something going for them that Trinko lacked in 2004: evidence of what a fucking disaster Trinko is. The wrongness of Trinko is so increasingly undeniable that there's a chance it will be overturned.
But it won't go down easy. As Stoller writes, Trinko didn't emerge from a vacuum: the economic theories that underpinned it come from some of the heroes of orthodox economics, like Joseph Schumpeter, who is positively worshipped. Schumpeter was antitrust's OG hater, who wrote extensively that antitrust law didn't need to exist because any harmful monopoly would be overturned by an inevitable market process dictated by iron laws of economics.
Schumpeter wrote that monopolies could only be sustained by "alertness and energy" â that there would never be a monopoly so secure that its owner became too big to care. But he went further, insisting that the promise of attaining a monopoly was key to investment in great new things, because monopolists had the economic power that let them plan and execute great feats of innovation.
The idea that monopolies are benevolent dictators has pervaded our economic tale for decades. Even today, critics who deplore Facebook and Google do so on the basis that they do not wield their power wisely (say, to stamp out harassment or disinformation). When confronted with the possibility of breaking up these companies or replacing them with smaller platforms, those critics recoil, insisting that without Big Tech's scale, no one will ever have the power to accomplish their goals:
https://pluralistic.net/2023/07/18/urban-wildlife-interface/#combustible-walled-gardens
But they misunderstand the relationship between corporate power and corporate conduct. The reason corporations accumulate power is so that they can be insulated from the consequences of the harms they wreak upon the rest of us. They don't inflict those harms out of sadism: rather, they do so in order to externalize the costs of running a good system, reaping the profits of scale while we pay its costs.
The only reason to accumulate corporate power is to grow too big to care. Any corporation that amasses enough power that it need not care about us will not care about it. You can't fix Facebook by replacing Zuck with a good unelected social media czar with total power over billions of peoples' lives. We need to abolish Zuck, not fix Zuck.
Zuck is not exceptional: there were a million sociopaths whom investors would have funded to monopolistic dominance if he had balked. A monopoly like Facebook has a Zuck-shaped hole at the top of its org chart, and only someone Zuck-shaped will ever fit through that hole.
Our whole economy is now composed of companies with sociopath-shaped holes at the tops of their org chart. The reason these companies can only be run by sociopaths is the same reason that they have become infrastructure that is crumbling due to sociopathic neglect. The reckless disregard for the risk of combining companies is the source of the market power these companies accumulated, and the market power let them neglect their systems to the point of collapse.
This is the system that Schumpeter, and Easterbrook, and Wood, and Scalia â and the entire Supreme Court of 2004 â set out to make. The fact that you can't buy a car is a feature, not a bug. The pig-butcherers, wallowing in an ocean of breach data, are a feature, not a bug. The point of the system was what it did: create unimaginable wealth for a tiny cohort of the worst people on Earth without regard to the collapse this would provoke, or the plight of those of us trapped and suffocating in the rubble.
Support me this summer on the Clarion Write-A-Thon and help raise money for the Clarion Science Fiction and Fantasy Writers' Workshop!
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/06/28/dealer-management-software/#antonin-scalia-stole-your-car
Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg
CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en
#pluralistic#matt stoller#monopoly#automotive#trinko#antitrust#trustbusting#cdk global#brookfield#private equity#dms#dealer management software#blacksuit#infosec#Authenticom#Dan McCray#Steve Cottrell#Reynolds#frank easterbrook#schumpeter
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