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I think the TV drama Micro Men summed it up best, especially for computing in the UK: The competition at the time consisted of smaller companies like Acorn and Sinclair, with their competing products the Atom / BBC Micro and ZX Spectrum / QL respectively, with the big giant American corporations eventually steamrolling over everything. The visual metaphor with Sir Clive Sinclair on his tiny C5 electric car being overtaken by huge lorries with American brand names on them like Microsoft and IBM is so appropriate, if sad.
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