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That doesn't say much considering we've been living in an era of tons of corporate consolidation/no antitrust actions whatsoever. Honestly, I think the vast ma
by mtgx 7y ago
That doesn't say much considering we've been living in an era of tons of corporate consolidation/no antitrust actions whatsoever.
Honestly, I think the vast majority of $1+ billion acquisitions should be rejected by default. I think in almost all such cases it involves one large incumbent buying out the competition = terrible for consumers.
If companies have $1+ billion to buy out other companies they should also have the money to create their own competitor to that company that is worth $1+ billion and they are trying to buy. And that would be much better for the consumer, too, as it would lead to more competition/faster rate of improvement for products.