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All companies are not one giant entity. Even when they illegally collude, they're holding onto their knives and keeping a keen eye on one another's backs. Of c
by FredPret 1y ago
All companies are not one giant entity. Even when they illegally collude, they're holding onto their knives and keeping a keen eye on one another's backs.
Of course any company would take this deal and make a boatload of money (though less than the $200B / year).
Undercutting all its competitors would be a bonus, not a deterrent.
This has happened so many times throughout history. New tech comes in, does the same thing cheaper and better, old companies die out kicking and screaming.