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> "a competition harming sale to a dominant market player" Fine except for those that rely on this.
by klelatti 5y ago
> "a competition harming sale to a dominant market player"
Fine except for those that rely on this.
- viro 5y agowhat constitutes a market? Giphy hadn't generated any revenue it was operating off the $20 million of VC money. Or are you just trying to say big American tech companies shouldn't be allowed to buy companies?
- Nextgrid 5y agoThe advertising market. Giphy has plans to make an advertising network which would compete with Facebook and force the latter to be more competitive (which at least may result in better outcomes for end-users of both products).
- kevinventullo 5y agoI’m pretty sure Facebook is more worried about competition from Snapchat than Giphy. Which is to say, not at all.
- matheusmoreira 5y ago> Or are you just trying to say big American tech companies shouldn't be allowed to buy companies? Exactly. Not only should futher consolidation be prohibited under anti-trust, big tech should be forcibly broken up into several businesses.
- tsimionescu 5y agoSo, overall, fine. The few people that get hurt by this are the greedy VCs that invented this wasteful game, and the greedy founders who agreed to play it.