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Any reasonable antitrust regulation should kill it: https://www.economist.com/news/finance-and-economics/21725552-new-research-suggests-too-little-competition-d

Any reasonable antitrust regulation should kill it: https://www.economist.com/news/finance-and-economics/21725552-new-research-suggests-too-little-competition-deters-investment-americas https://www.economist.com/news/finance-and-economics/2172555... Unfortunately they let those mergers happen: https://www.economist.com/news/business/21679810-frenzy-deals-awakening-americas-antitrust-regulators-pushing-limits https://www.economist.com/news/business/21679810-frenzy-deal... Shareholders benefit at the expense of everybody else (customers, employees, ...). Classical capital vs. labour dillema.

runeks 9y ago
> Any reasonable antitrust regulation should kill it: […] Or, alternatively, any reasonable monetary system, under which a $120bn company isn’t able to sell the $60bn[1] of debt required to complete the acquisition. [1] https://www.nytimes.com/2017/11/06/business/dealbook/broadcom-qualcomm-debt.html https://www.nytimes.com/2017/11/06/business/dealbook/broadco...
- dannyw 9y ago
  The debt would then be owned by Broadcom with Qualcomm.
mudil 9y ago
Well, the market believes that the deal will not go through. The Broadcom offer is $70, and today's closing price is $62.
phkahler 9y ago
>> Any reasonable antitrust regulation should kill it Yeah, do you know where we could get some of that?
- xster 9y ago
  Ralph Nader but joining the resistance gets you hunted down by the PR AT-ATs
- dopamean 9y ago
  I'd say Democrats but I'm not so sure anymore.
  - aaronbrethorst 9y ago
    The Warren side of the party is in ascendancy. I wouldn’t be surprised to see this message pushed hard in 18 and 20.
    - chrisweekly 9y ago
      Here’s hoping.
      - aaronbrethorst 9y ago
        The third plank is a list of antitrust proposals in line with what Sen. Elizabeth Warren (D-MA) has called for the party to adopt. Facing rising corporate inequality and markets increasingly dominated by a tiny handful of firms, Democrats will propose a new federal office and federal guidelines that would aim to make it more difficult for companies to merge and easier for federal regulators to call attention to their “anticompetitive” behavior. https://www.vox.com/policy-and-politics/2017/7/24/16017570/democrats-better-deal-explained https://www.vox.com/policy-and-politics/2017/7/24/16017570/d...
    - ihsw2 9y ago
      Warren sold out to Clinton, Trump et al will use this to great effect. Clinton turned everybody that touched her into shit and that will be her enduring legacy.
      - rrhd 9y ago
        Well until the republicans realize that no one gives a shit about Clinton anymore. I think history will be more kind to her. Hell, GWB has a positive approval rating among democrats now.
      - 0xFFC 9y ago
- Iv 9y ago
  Europe sells some, but we don't export much...
  - geodel 9y ago
    Yeah, regulation is one place Europe generates lot of employment. In other industries, not much.
    - gumby 9y ago
      Yeah, true except for cars, heavy equipment, trains, agriculture, banking.....
      - ersii 9y ago
        All on heavy subsidy from the states and unions of states.. It's ridiculous how democrat Hacker News is.
        jabl 9y ago
        If all we do here in Europe is giving subsidies to each other and living off that, who or what is then creating all that value in the first place?
        esmi 9y ago
        Debt. https://www.debtclocks.eu/public-debt-and-budget-deficits-comparison-of-the-eu-member-states.html https://www.debtclocks.eu/public-debt-and-budget-deficits-co... Not that the US is any better...
        gumby 9y ago
        Unlike the USA I suppose.
        wil421 9y ago
        The popular vote was for Hillary Clinton by almost 3 million. 66 million Democrats vs 63 million Republicans, FYI.[1] [1]http://time.com/4608555/hillary-clinton-popular-vote-final/ http://time.com/4608555/hillary-clinton-popular-vote-final/
SimpleLogin 9y ago
How do we propose this happens?
- craftyguy 9y ago
  You don't, that's the point.
tooltalk 9y ago
It seems like the type of monopoly mentioned in the first article is "public monopoly" which is deliberately created by regional gov't. The telecomm industry is also heavily regulated, as is the finance/banking.
- guest 9y ago
  Everything in here is written as personal opinion, please to control this by yourselves. The telecomm industry is also heavily regulated, as is the finance/banking. Regarding standards that might be true to some extent and regarding protecting military and politicians but even in a country such as Sweden the large operator Telia have afaik unlawfully sent information (supposedly only to be used for training purposes) aquired from customers calling their support line to an Israeli company to "ease the automatisation process of those calls". Sending a repertoar of someone's voice couldnt possibly harm the individual now - could it.!?[sarcasm] Regarding banking over here in scandinavia it is regulated somewhat well, but from what little I hear and can tell the banks are behind the stage allowed in a large extent to commit crime (until it officially becomes known) - as through mailbox companies (Nordea). Regarding the "american" giants I have 0% trust, the same goes for Moody's et al who clearly are complicit in direct class (the plutocarcy versus the nation/people) warfare now (rubberstamping CDOs which became public with the movie the big short 2015 and then adding another layer with CDS). Anyway maybe someone can update this but regarding regulation it is obvious to me it is lacking.
dsharlet 9y ago
This is probably why Broadcom is pulling it's HQ move from Singapore to the US stunt right now. It buys favor with Trump, who appears to operate entirely based on favor and image rather than the rule of law.
- ersii 9y ago
  How is that any different from any previous head of state? I guess they perhaps were better actors.
  - azinman2 9y ago
    The flip flops trump has made between extreme statements then dial backs when people give him a few political points have far more whiplash than any US president that I can recall.
  - tw04 9y ago
    Which previous head of state appeared to base important decisions on who could make him feel the most special that day? Because whether I agreed with their politics or not, I can't recall one.
    - godzillabrennus 9y ago
      Dubya made decisions based on what he personally felt his religion was telling him to do.
- eldavido 9y ago
  Side effect of too much executive power. It's problematic that this is even possible.
  - ethbro 9y ago
    The alternatives in the US are the judicial and legislative branches.
  - skinnymuch 9y ago

runeks 9y ago

> Any reasonable antitrust regulation should kill it: […] Or, alternatively, any reasonable monetary system, under which a $120bn company isn’t able to sell the $60bn[1] of debt required to complete the acquisition. [1] https://www.nytimes.com/2017/11/06/business/dealbook/broadcom-qualcomm-debt.html https://www.nytimes.com/2017/11/06/business/dealbook/broadco...

dannyw 9y ago
The debt would then be owned by Broadcom with Qualcomm.

mudil 9y ago

Well, the market believes that the deal will not go through. The Broadcom offer is $70, and today's closing price is $62.

phkahler 9y ago

>> Any reasonable antitrust regulation should kill it Yeah, do you know where we could get some of that?

xster 9y ago
Ralph Nader but joining the resistance gets you hunted down by the PR AT-ATs
dopamean 9y ago
I'd say Democrats but I'm not so sure anymore.
- aaronbrethorst 9y ago
  The Warren side of the party is in ascendancy. I wouldn’t be surprised to see this message pushed hard in 18 and 20.
  - chrisweekly 9y ago
    Here’s hoping.
    - aaronbrethorst 9y ago
      The third plank is a list of antitrust proposals in line with what Sen. Elizabeth Warren (D-MA) has called for the party to adopt. Facing rising corporate inequality and markets increasingly dominated by a tiny handful of firms, Democrats will propose a new federal office and federal guidelines that would aim to make it more difficult for companies to merge and easier for federal regulators to call attention to their “anticompetitive” behavior. https://www.vox.com/policy-and-politics/2017/7/24/16017570/democrats-better-deal-explained https://www.vox.com/policy-and-politics/2017/7/24/16017570/d...
  - ihsw2 9y ago
    Warren sold out to Clinton, Trump et al will use this to great effect. Clinton turned everybody that touched her into shit and that will be her enduring legacy.
    - rrhd 9y ago
      Well until the republicans realize that no one gives a shit about Clinton anymore. I think history will be more kind to her. Hell, GWB has a positive approval rating among democrats now.
    - 0xFFC 9y ago
Iv 9y ago
Europe sells some, but we don't export much...
- geodel 9y ago
  Yeah, regulation is one place Europe generates lot of employment. In other industries, not much.
  - gumby 9y ago
    Yeah, true except for cars, heavy equipment, trains, agriculture, banking.....
    - ersii 9y ago
      All on heavy subsidy from the states and unions of states.. It's ridiculous how democrat Hacker News is.
      - jabl 9y ago
        If all we do here in Europe is giving subsidies to each other and living off that, who or what is then creating all that value in the first place?
        esmi 9y ago
        Debt. https://www.debtclocks.eu/public-debt-and-budget-deficits-comparison-of-the-eu-member-states.html https://www.debtclocks.eu/public-debt-and-budget-deficits-co... Not that the US is any better...
      - gumby 9y ago
        Unlike the USA I suppose.
        wil421 9y ago
        The popular vote was for Hillary Clinton by almost 3 million. 66 million Democrats vs 63 million Republicans, FYI.[1] [1]http://time.com/4608555/hillary-clinton-popular-vote-final/ http://time.com/4608555/hillary-clinton-popular-vote-final/

SimpleLogin 9y ago

How do we propose this happens?

craftyguy 9y ago
You don't, that's the point.

tooltalk 9y ago

It seems like the type of monopoly mentioned in the first article is "public monopoly" which is deliberately created by regional gov't. The telecomm industry is also heavily regulated, as is the finance/banking.

guest 9y ago
Everything in here is written as personal opinion, please to control this by yourselves. The telecomm industry is also heavily regulated, as is the finance/banking. Regarding standards that might be true to some extent and regarding protecting military and politicians but even in a country such as Sweden the large operator Telia have afaik unlawfully sent information (supposedly only to be used for training purposes) aquired from customers calling their support line to an Israeli company to "ease the automatisation process of those calls". Sending a repertoar of someone's voice couldnt possibly harm the individual now - could it.!?[sarcasm] Regarding banking over here in scandinavia it is regulated somewhat well, but from what little I hear and can tell the banks are behind the stage allowed in a large extent to commit crime (until it officially becomes known) - as through mailbox companies (Nordea). Regarding the "american" giants I have 0% trust, the same goes for Moody's et al who clearly are complicit in direct class (the plutocarcy versus the nation/people) warfare now (rubberstamping CDOs which became public with the movie the big short 2015 and then adding another layer with CDS). Anyway maybe someone can update this but regarding regulation it is obvious to me it is lacking.

dsharlet 9y ago

This is probably why Broadcom is pulling it's HQ move from Singapore to the US stunt right now. It buys favor with Trump, who appears to operate entirely based on favor and image rather than the rule of law.

ersii 9y ago
How is that any different from any previous head of state? I guess they perhaps were better actors.
- azinman2 9y ago
  The flip flops trump has made between extreme statements then dial backs when people give him a few political points have far more whiplash than any US president that I can recall.
- tw04 9y ago
  Which previous head of state appeared to base important decisions on who could make him feel the most special that day? Because whether I agreed with their politics or not, I can't recall one.
  - godzillabrennus 9y ago
    Dubya made decisions based on what he personally felt his religion was telling him to do.
eldavido 9y ago
Side effect of too much executive power. It's problematic that this is even possible.
- ethbro 9y ago
  The alternatives in the US are the judicial and legislative branches.
- skinnymuch 9y ago