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Which is funny because regardless of whether or not those states succeed in blocking the merger, those legacy video entertainment businesses will become irrelev
by lotsofpulp 3mo ago
Which is funny because regardless of whether or not those states succeed in blocking the merger, those legacy video entertainment businesses will become irrelevant whether they are one business or two, due to the fierce competition from TikTok/Instagram/Reddit/Youtube/Whatsapp/computers/anything on the internet in general.
It's probably the most inconsequential merger, from a consumer standpoint.
- jkestner 3mo agoAnything can be a monopoly or not, depending on how you define the market.
- lotsofpulp 3mo agoBut not anything is worth litigating. The kids with a lemonade stand on the corner in my neighborhood have a monopoly on that corner. Video media sellers are dime a dozen these days, and the barrier to entry for selling video media is basically none. Warner brothers and paramount are nowhere near the only business to buy and watch media, and it affects almost no buyers negatively if they merge.