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Whenever a corporation says a merger will result in lower prices, they're usually lying, because mergers increase prices. https://scholarship.law.berkeley.edu/
by kevin_b_er 8y ago
Whenever a corporation says a merger will result in lower prices, they're usually lying, because mergers increase prices.
https://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?referer=https://www.google.com/&httpsredir=1&article=1857&context=californialawreview https://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?ref...
- deleted 8y ago[deleted]
- smt88 8y agoEven if a merger allowed a company to lower prices through cost reductions, they still wouldn't because they own more of the market and have less incentive to compete. The only exception I've ever heard of is Amazon's purchase of Whole Foods, but you could argue that Amazon wasn't competing much with Whole Foods before it purchased them.
- deleted 8y ago[deleted]