3 ms·
The regulators need to do a better job preventing M&A of large companies. These companies all just wait for favorable climate before merging again. I think we
by mywittyname 7y ago
The regulators need to do a better job preventing M&A of large companies. These companies all just wait for favorable climate before merging again.
I think we need a better solution than breaking up monopolies. Perhaps something like caps on profit margins and/or asset taxes that apply to companies which carry too much market share.
- zozbot234 7y agoThe better solution is to break off the specifically non-contestable part of the firm (where the non-contestability is often due to network effects or barriers to entry) and regulate it so it has to be run as a fair and open platform. Sometimes this can be done as simply as requiring the firm to use applicable open standards to enable third parties to cleanly federate with its offerings - but the case of a leading search engine and general portal is not nearly as simple, unfortunately.