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I agree. I think there should be a size and value threshold where it is determined that your company can reasonably just spend to build using your own R&D for l
by dangus 4y ago
I agree. I think there should be a size and value threshold where it is determined that your company can reasonably just spend to build using your own R&D for literally anything, and that performing an acquisition at all (whether or not it makes you a monopoly) is harmful for the overall market.
Take Apple for example. It bought most of Intel's modem business to build its own product.
Does anyone seriously believe that Apple couldn't have built that kind of technology from scratch? How many modem businesses could they build before running out of cash? Wouldn't it have been better for Intel's modem business to go to someone else who might make the product available outside of Apple's closed product ecosystem?
I'm pretty sure Apple would have no problem bootstrapping an oil company or an industrial container ship manufacturing business, that's just how much money they have.