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Is this sour grapes on behalf of large companies? They're _deciding_ "not to fight" because of the "tech correction" and not, "the regulatory agencies are fin
by akira2501 3y ago
Is this sour grapes on behalf of large companies? They're _deciding_ "not to fight" because of the "tech correction" and not, "the regulatory agencies are finally waking up and applying the law."
Easier to pretend they're doing it by choice rather than by force of law, which is finally able to reach them, due to the "social correction" of no longer worshiping tech companies.
- s1artibartfast 3y agoThis misses the point. The regulatory agencies have already applied the law. However, there are options to appeal these decisions, and companies choosing not to do so says something. Furthermore, it is just common sense. If you signed a purchase contract for $1.5 Billion, and it is now worth $0.5 billion, no rational actor would want that deal to go through.
- raverbashing 3y agoIt's kind of the opposite of sour grapes, it's like signing the purchase of a car but then you find out somebody else is selling a similar car for 20% off and you feel like you don't want to buy the car anymore but you signed but then the other guy can't sell you for some reason and you're all too happy to let that slide.