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Stanleyc23 | 4 years ago

why is being self-created relevant? The thesis of the bill is that m&a helped big tech accumulate market power, which was later misused anticompetitively, so the government should limit tech companies of a certain market cap from inorganically growing market power to mitigate further abuse.

IMO that logic is very flawed, but it’s still pretty trivial to find examples of how m&a has fueled market power expansion e.g. fb and instagram or google and doubleclick. Anticompetitive behavior is perhaps harder to pin down legally, but we’ve clearly not yet achieved some tech utopia.

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