This is along my initial-not-fully-formulated thought process. Majority of business doing the acquiring are still primarily in the business of what allowed them

This is along my initial-not-fully-formulated thought process. Majority of business doing the acquiring are still primarily in the business of what allowed them to do the acquiring. There’s only a few I can think of where the acquisition is a meaningful/noteworthy part of their current business. I don’t necessarily feel like valid competition was squashed in most cases. Following tech M&A headlines has led me to feel mostly it’s acquihiring and the underlying product has no value to the acquirer.