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The absurdity comes from simply ignoring the potential net-negative side-effects of a merger, a 1B boost caused by higher prices is a loss for society due to in
by piva00 4y ago
The absurdity comes from simply ignoring the potential net-negative side-effects of a merger, a 1B boost caused by higher prices is a loss for society due to inflation, there are many externalities from a merger that won't be easily priced.
I'm just adding a thought to your point.
- Arnt 4y agoAre you saying that inflation necessarily outweighs all positive effects? That sounds like a remarkable claim to my ears.
- piva00 4y agoNo, I'm implying that inflation caused by a diminished competitive environment (the usual with large corporate mergers) coupled with the effects of a company having less competition and more market control does definitely outweigh whatever positive comes from it.