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Scrutinize big mergers don't block smaller acquisitions because you think you know that sometime in the future the smaller company will become big healthy compe
by mrkramer 4y ago
Scrutinize big mergers don't block smaller acquisitions because you think you know that sometime in the future the smaller company will become big healthy competitor.
- ceejayoz 4y agoThat's not what they think they know. They think they know Facebook has the financial resources to buy out anyone with even a slight chance of becoming a competitor, and are leveraging that in an anti-competitive fashion.
- mrkramer 4y ago>They think they know Facebook has the financial resources to buy out anyone with even a slight chance of becoming a competitor, and are leveraging that in an anti-competitive fashion. Ofc they know it; Facebook/Meta is a public company with a huge cash pile and the pressure from investors to spend that cash is only increasing. They already spend billions for R&D just like their tech peers and the best way to spend the rest of the cash is apparently acquisitions.