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And there seems to be no other CPU manufacturer who can give any competition to these giants, so we can just hope something good will come for the consumers because of this partnership.

Yes, but they're no longer two giants competing each other. Now they're basically the same entity. They can do whatever they wish.

That's part of business world and things will evolve accordingly.

Yes and no. A monopoly controls the market, and thus it is no longer free. Last time this happened, the government was needed to break up Microsoft.

Time will determine what eventually will evolve out, at present it looks like a collaboration of technology enhancement.

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