2 ms·
It’s not just about maximizing share value - it’s a prisoners dilemma. If one company declines to do business, someone else will do it, and may end up with mar
by zepto 6y ago
It’s not just about maximizing share value - it’s a prisoners dilemma.
If one company declines to do business, someone else will do it, and may end up with market power.
We can’t solve this problem by expecting individual companies to sacrifice themselves.
Even if they did, it wouldn’t solve the problem because it would open the door to even worse companies taking their position.
The only solution is at the political level.