Consolidation (mergers and acquisitions generally) aren't necessarily bad universally. It is hard to argue that Silicon and Synapse being acquired by Davidson

Consolidation (mergers and acquisitions generally) aren't necessarily bad universally. It is hard to argue that Silicon and Synapse being acquired by Davidson and Associates to form Blizzard Entertainment was not good for gaming consumers for a long stretch of time. But there is certainly a tipping point where this sort of consolidation really becomes a problem when it results in large entities with a lot of market power, or one side of the deal is already a large entity with a lot of market power. And the larger the consolidation, the worse it gets for everyone (except perhaps shareholders, though even this being arguably positive can often just be a temporary situation). Unfortunately the only really viable exit strategy for a lot of VCs is to offload their startups to Alphabet or Meta sized entities which is immediately concerning from an anti-trust perspective because those companies are already so overly large (and a lot of their M&A is clearly just to kill would-be competitors, which is at the heart of anti-trust). So the techbros were instrumental in making sure Lina Khan got the boot, despite the fact that she's been right about everything.