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One of the things that I would love to see would be the ban of all those acquisitions that those large firms do. Yet alone the 9bn USD MGM takeover by Amazon wa
by 88840-8855 5y ago
One of the things that I would love to see would be the ban of all those acquisitions that those large firms do. Yet alone the 9bn USD MGM takeover by Amazon was not understandable.
Amazon is already too huge. Why are those aqcuisitions allowed?
- wonderwonder 5y agoI hear what you are saying and agree but wonder if this would have the effect of stifling the creation of new companies as so many people start a company with the hope of being acquired.
- viraptor 5y agoOh no, what will we do without the companies running on funding, without a viable business model, trying to get more monthly active users by any means. /s I don't think this approach has been healthy for quite a while. It may be an actual good thing that companies think more about long-term independent survival.
- alexanderdmitri 5y agoI think this exact thinking has perverted the idea of business and has steadily been eroding consumer trust in small business and their offerings.
- wvenable 5y agoMGM is dying so they really needed to be acquired or otherwise invested in.