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This is good for smaller tech elites. They know that they can’t competed against FAnG money either. If they get broken up there will be a lot more open executiv
by rdtwo 7y ago
This is good for smaller tech elites. They know that they can’t competed against FAnG money either. If they get broken up there will be a lot more open executive positions
- gnicholas 7y agoInteresting take. As a (former) lawyer, this also makes me think of how lawyers benefit from breaking up big companies. Basically, all of the "synergies" that (at least supposedly) result from mergers/M&A are lost when companies are broken up. So the outside counsel (law firm that reps a company) for a company that gets acquired loses a client when the transaction goes through. But if big companies are broken up, or prevented from merging, then there are more companies to represent. There are also more potential conflicts of interest, which means more lawyers get a piece of the pie. I assume this reasoning would hold, at least to some extent, for all sorts of service providers that would typically lose a customer when mergers happen. I'm not making any value judgments on whether companies should be broken up — just pointing out what would happen if they are.