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Why? There's nothing inherently bad about acquisitions In fact, strong (~free) capital markets in which acquisitions happen frequently allow for more efficient
by thrwaway1337 2y ago
Why? There's nothing inherently bad about acquisitions
In fact, strong (~free) capital markets in which acquisitions happen frequently allow for more efficient (~optimal) allocation of resources over the long run, even if any single acquisition may not be locally optimal
- inetknght 2y ago> In fact, strong (~free) capital markets in which acquisitions happen frequently allow for more efficient (~optimal) allocation of resources I argue that's an opinion. I also argue that allowing for does not mean ensures. I also argue that, in practice, acquisitions happening freely typically result in "more efficient" allocation of humans to the detriment of those humans. Also, "more efficient" allocation of resources often increases the cost of those resources to other humans consuming those resources. So yes, it's a valid opinion but in practice the stated results are infrequently achieved and come with significant costs that aren't accounted for in a purely free market situation.