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I've heard that mergers aren't (legally) supposed to be anticompetitive, but I've seen the banking and semiconductor industries undergo a merger-fueled competit
by jjoonathan 9y ago
I've heard that mergers aren't (legally) supposed to be anticompetitive, but I've seen the banking and semiconductor industries undergo a merger-fueled competition implosion in the last few decades, so obviously whatever mechanisms we have in place are laughably insufficient. As a voter, what keywords should I pick up on to fight the good fight?
- baybal2 9y agoChinese are just glad to have one big fish to swallow, instead of 20 small. Qualcomm and Broadcomm both spent enormous funds trying to enter Chinese market. Both ended up with Pyrrhic victories Qualcomm sold distribution deal for China to Allwinner guys where they chew into their already small margins - most Chinese smartphone makers simply do not pay "Qualcomm tax" Broadcomm bought few Chinese wifi fablesses, yanked up prices. Most Chinese soc fablesses just switched to own internal IP