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These purchases only goal is to reduce competition and create monopolies. And the some people will defend the companies with "but if they are the best why shoul
by Frieren 1y ago
These purchases only goal is to reduce competition and create monopolies. And the some people will defend the companies with "but if they are the best why should not be a monopoly?". The easy answer is that they are bad but just purchased their monopoly with investor money.
Capitalism is dying.
- dragonwriter 1y agoMergers and acquisitions working the way mergers and acquisitions have always worked is not "capitalism is dying".
- BiteCode_dev 1y agoIn France we have still a bit of competition with a super small company called delicity. They have surprisingly survived the past few years by making drivers a priority. Basically, all drivers recommend delicity in my area because they pay more, and they tell restaurants to sign up. Don't know how they are going to compete now.
- techn00 1y agoI recently found out that Wolt (being available in lots of european countries) is also owned by DoorDash
- panick21_ 1y agoYeah Capitalism is dying sure, because one less food delivery app. Its not like there are likes 100s of places or 1000s ways to get food. People really love to complain about everything.