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It isn't clear to me why, but mergers have been huge in the USA for decades, and it appears to be happening faster all the time. Look at Tyson Foods – they've s
by steve_adams_86 4y ago
It isn't clear to me why, but mergers have been huge in the USA for decades, and it appears to be happening faster all the time. Look at Tyson Foods – they've snapped up dozens of meat farming and processing companies in the last couple of decades. There are many like them. Consolidation appears to be a prominent and long-term strategy for US companies.
- lolinder 4y agoWhile true, what Amazon is doing doesn't really resemble the consolidation we're seeing in other companies. Amazon isn't so much consolidating in any one industry as they are trying to make a play in every industry. As far as I know they're the only ones doing this, and I wouldn't count it as part of the overall trend towards consultation because it's not clear that existing antitrust laws could be leveraged against them at all.
- JohnFen 4y agoIt may not be consolidation in the legal sense, but it's certainly true that Amazon is consolidating an increasing number of businesses in diverse industries into their company. What makes me nervous about it is that I fear the day may come when I am forced to do business with Amazon.