3 ms·
> I believe businesses would just lie and say they are going to be part of the business but then just bury them anyway. There are two main parts of this. Anti
by HWR_14 3y ago
> I believe businesses would just lie and say they are going to be part of the business but then just bury them anyway.
There are two main parts of this.
Antitrust laws don't typically concern themselves with bury vs incorporate. Even if Goodreads had been incorporated into Amazon, it still would have accomplished their major goal (prevent them from partnering with another company). And keeping them alive would have been just another part of Amazon's cost of acquisition. I wonder if it would have resulted in a lower offer.
Secondly, the government doesn't take companies at their word. When, for instance, Microsoft promises that Activision Blizzard titles will remain on Playstation for at least a decade, the government gets that in an enforceable contract.
- quxbar 3y agoRegardless of our understanding of them, antitrust laws are powerless without enforcement. It seems the only entities with standing to prevent these actions by massive corporations are other massive corporations.