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> (otherwise why wouldn't they publish the numbers?) To prevent competitors, providers or customers from learning how profitable this particular business is. (
by kgwgk 8y ago
> (otherwise why wouldn't they publish the numbers?)
To prevent competitors, providers or customers from learning how profitable this particular business is. (Probably not the case here, but it’s an actual reason for companies to disclose as little as possible about their operations.)
- ashelmire 8y agoThe issue is that publicly traded companies have a duty to shareholders to disclose this data and all companies have to follow antitrust laws. Which is why the SEC is trying to get this data. It’s pretty shady, but you’re right, it is a competitive advantage (breaking antitrust laws or disclosure laws is often advantageous... hence why the laws were written).