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kyrers | 5 years ago
I'm sorry, what? Two private tech companies cannot merge if they can't prove it is in the public's best interest? Am I understanding this correctly?
What if the influence on public welfare is non existent or minimal, but both companies would benefit from the merger?
DaiPlusPlus|5 years ago
kyrers|5 years ago
So this is more a move to preven them from bullying smaller tech companies? I can see it from that angle, but it still seems to me that they want the power to block acquisitions.
For instance, would the following acquisition/merger be allowed: a big tech company acquiring a small company, which the owner wants to sell, that does not influence public welfare?