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What I dont understand is why they keep allowing mergers for those huge companies in the first place. Maybe there should be a certain company size where they ar
by mikesabbagh 6y ago
What I dont understand is why they keep allowing mergers for those huge companies in the first place.
Maybe there should be a certain company size where they are not allowed to merge with new companies any more!!
- meesles 6y agoI think a majority of mergers 'just happen' because they are not challenged. To stop a merger, some regulating body needs to hear about it and take action in time. They can also investigate and dismantle monopolies after the fact, but then we see long legal battles. Also size-based limits would be hard to create/enforce. IBM has about 350K employees wordwide. McDonalds has about 200K. Google has about 100K. Amazon 1.1M. Do you look at market cap? The industry specifically? It's a complex problem, that's why there is no simple solution.
- Kalium 6y agoA lot of large mergers and acquisitons were, in fact, reviewed and approved by bodies that exist to do precisely that. Facebook's acquisition of Instagram was reviewed. I expect their acquisition of Whatsapp was as well.
- MakersF 6y agoOf course it was reviewed, it's when they provided misleading information on the usage of data, and later got fined for it. "Mergers: Commission fines Facebook €110 million for providing misleading information about WhatsApp takeover" https://ec.europa.eu/commission/presscorner/detail/en/IP_17_1369 https://ec.europa.eu/commission/presscorner/detail/en/IP_17_...