3 ms·
> Is it the role of a for-profit public company to "support" another for-profit public company? It is (or it can be) if you want to avoid antitrust lawsuits. S
by darby_nine 2y ago
> Is it the role of a for-profit public company to "support" another for-profit public company?
It is (or it can be) if you want to avoid antitrust lawsuits. Same reason Microsoft bailed out Apple in the 90s.
- crop_rotation 2y agoMicrosoft spent peanuts (for them) on Apple stock in the 90s. Saving Intel will take much more than that for anyone. Not to mention that Apple had atleast a salvageable IP if done well. Nobody else could compete with them on shipping MacOS machines. Intel has no such moat.