3 ms·
I see your point - and i don't disagree, and my overall point is that mergers and all that aren't bad, but when you agree to effectively allow companies to M&A
by NickC25 3y ago
I see your point - and i don't disagree, and my overall point is that mergers and all that aren't bad, but when you agree to effectively allow companies to M&A their way to a monopoly, it is imperative for industry safety that that monopoly needs to be policed and regulated heavily ESPECIALLY if it's a piece of critical social infrastructure whcih also happens to be a public company acting in the best interests of its stock performance above all else.
Industry can't M&A its way to a monopoly and then use the power of the monopoly to say "we get to do whatever we want". Great power, great responsibility and all that.
- amadeuspagel 3y agoAirliners need to be regulated regardless of whether they're monopolies or not, and if anything regulation would be even more important if it was a competitive industry, where everyone had to cut corners to survive.
- MerManMaid 3y agoI think the point OP was trying to make was when a monopoly (justified or not) routinely fails to meet their end of the bargain, especially when it comes to safety... its time for someone else to have a turn.