4 ms·
Why not?
by x3c 6y ago
Why not?
- prepend 6y agoBecause it’s anticompetitive, bad for users, and sometimes against US law. Like when you’re as big as Visa.
- steve918 6y agoBecause it's the definition of anti-competitive actions.
- amcoastal 6y agoMaybe a CEO "should" because it's good for them and their company, but a healthy market regulator "should not" allow those type of transactions, in general, for the good of market participants.
- cle 6y agoI agree about your being specific about these types of transactions. At this scale, these things should be blocked. In healthier marketplaces, acquisitions can also improve the overall health of the marketplace by improving efficiency, output, etc., while maintaining competition. The interesting question to me in these discussions is, are there systemic changes we can make that would prevent these marketplace distortions from being possible in the first place, and what would be the negative tradeoffs? And are they politically feasible?