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Even though we can't know what the result would have been? Many mergers and acquisitions turn out to be huge mistakes.
by burkaman 9y ago
Even though we can't know what the result would have been? Many mergers and acquisitions turn out to be huge mistakes.
- thehardsphere 9y agoThe government stopping an entirely consensual act between two people or organizations is a blow to those people, because they aren't being allowed to do whatever it is that they otherwise wanted. Whether it would have been a mistake or not is their problem and part of doing business. You wouldn't use this same logic for actual people, would you? Two people may have sexual intercourse; many acts of intercourse lead to unwanted pregnancy and AIDS, so we should deem these people "unharmed" if the government denies them the opportunity to have sex?
- burkaman 9y agoNo, sorry, it was sort of a rhetorical question. You said a little earlier that you don't consider cancelling this rule to be a blow since it might have been harmful, and I thought this was an analogous situation. The government is stopping consensual acts between investors and entrepreneurs.
- thehardsphere 9y agoRight. I think it is a "blow" in the sense that the companies expended time and effort preparing for this rule change. I don't know whether it is a "blow" in any way beyond that.