Part 8/12:
2. Market Distortion & Selective Support
By choosing to heavily support Intel, the government may distort market dynamics, favoring one company over competitors. This could stifle innovation among smaller firms that lack similar backing, undermining the meritocracy of capitalism.
3. Ownership and Influence Without Board Control
The government isn't receiving board representation, which limits direct influence. However, as a significant shareholder, there's concern about future strategic influence, especially if Intel's performance improves or deteriorates.