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Mergers and acquisitions are also a problem, when companies grow large they have too much power and do much wrong. You cannot have competition if you allow mamm
by AdrianB1 7y ago
Mergers and acquisitions are also a problem, when companies grow large they have too much power and do much wrong. You cannot have competition if you allow mammoths to rule the market.
- howard941 7y agoHow do you butcher the mammoth? Lacking effective antitrust laws and a useful FTC there's positive feedback loop of medical providers merging and consolidating for the enhanced bargaining position vis-a-vis the merged and consolidated insurance industry.
- AdrianB1 7y agoThe AT&T mammoth was butchered, it shows it can be done. In this market anything higher than 5% should be forced to split.
- howard941 7y agoIt was, back when we had a pre-Bork standard for antitrust violations, and a more effective FTC. Not much more but more than totally ineffective. (Incidentally I like the cut of your 5% jib - 20 players may not be enough for some markets)