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Can you expand upon you thought? How do each of these acquisition make a case for the acquirer tending towards a monopoly? It seems Boston Dyanmics is a soluti
by throwbacktictac 6y ago
Can you expand upon you thought? How do each of these acquisition make a case for the acquirer tending towards a monopoly?
It seems Boston Dyanmics is a solution looking for a problem. It can be a great company but it's going to take a long investment by Hyundai. It's been in the hands of some huge companies and none of them have been able to squeeze a profit out of it.
- postingpals 6y agoThese are just 3 examples of thousands of acquisitions by big companies with dominance in their industry. The trend is very clear, a handful of companies buy out competition and own virtually every serious competitor in the market. There are ongoing lawsuits against tech companies for doing this, and unfortunately companies can lobby to keep the laws on their side. Also, businesses like BD are always going to tend to want to sell rather than compete, this is obvious. I don't see how one could argue there is no natural tendency towards monopoly capital given these key facts.
- blahblahblogger 6y agoThis is a key point of Peter Thiel's in his talk at YC from some years ago. He expands on it to great effect in a few other videos too: https://www.youtube.com/watch?v=vtJ0C0UHFfE https://www.youtube.com/watch?v=vtJ0C0UHFfE.