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If that was the reason, they should have restricted it to tech companies. Instead, things like traditional media and food became harmfully consolidated over the
by vundercind 2y ago
If that was the reason, they should have restricted it to tech companies. Instead, things like traditional media and food became harmfully consolidated over the same time.
- ethbr1 2y agoThe thinking was, and IMHO there's some merit to this, "giant new tech companies are going to be created by this thing called the web, so maybe legacy companies need to divest / merge to meet the competition." And I'd argue a lot of non-defense government philosophy was also following DoD's "the Cold War is over, budgets will shrink, so defense companies need to merge to survive."