4 ms·
Does anyone know of a situation where a company was not allowed to be sold to another company and then it went bankrupt in a few months/years? I think they woul
by Scea91 9y ago
Does anyone know of a situation where a company was not allowed to be sold to another company and then it went bankrupt in a few months/years? I think they would have a right to feel wronged in that case.
I myself see value of Antitrust interventions, but I also believe in not intervening in the market unless it is absolutely necessary. Since I haven't heard about Tbh to this moment, I don't think that this is the case.
- rahoulb 9y agoThough the point made in the article is by then, when the app has lots of attention, it’s too late (using the office of fair trading and Instagram as an example)
- nikcub 9y agoThere were attempts at airline mergers just before 911. US Airways and United were going to merge but the deal didn't get approved. Both ended up filing bankruptcy some point later, and since then the airlines have largely merged from a very diverse field into American, Delta, SW and United. The other example is in investment banking - previously the retail and investment banks weren't allowed to merge and many of them got into trouble. Today, after the financial crisis, the industries have consolidated around 4 or 5 major large and broad banks.
- WillPostForFood 9y agoWorldcom / Sprint merger was blocked by regulators and Worldcom went bankrupt a couple years later. Another good one was Blockbuster / Hollywood video which was blocked in 2005, and it didn't end well for either side.