It makes some sense. The more acquisitions, the higher the chance of doing well (that wording doesn't apply to price) in the metrics you mention. Especially if

It makes some sense. The more acquisitions, the higher the chance of doing well (that wording doesn't apply to price) in the metrics you mention. Especially if the perspective is extrapolating the past to the future. The thesis of the articles seems to be: Big tech will stay dominant because they will keep buying lots of companies and they will likely continue to win with some. To stop this, blah blah law changes or something (I only skimmed the article).