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Something definitely needs to be done about it, but “too big to fail” is a very real thing. Regulation fixes, corporate culture fixes, something, but killing th
by colejohnson66 6y ago
Something definitely needs to be done about it, but “too big to fail” is a very real thing. Regulation fixes, corporate culture fixes, something, but killing the companies that are “too big to fail” isn’t a good idea in most cases.
- bmitc 6y agoI’m not really sure what you’re addressing. Preventing too big to fail doesn’t mean preemptively killing off companies.
- colejohnson66 6y agoI’m saying that, just like monopolies, there’s nothing inherently bad about being “too big to fail.” But when they do stuff wrong, we still punish them, but we don’t kill them. Break them up? Possibly.
- ClumsyPilot 6y agoIf they are too big to fail that already is implying monopoly and unfair situation for their competitors. It can't be good for innovation or the consumer if a giant established player is getting preferential treatment.