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kblev | 3 years ago

I have been thinking about this the other day, and I think buyouts and mergers should be illegal.

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kibwen|3 years ago

This doesn't deserve to be downvoted. Competition is crucial for healthy markets, and the only effect of buyouts and mergers is to consolidate business and decrease competition. If Adobe wants Figma's product, then they can do business with Figma and license it from them. Stop normalizing monopolistic behavior.

cheriot|3 years ago

> the only effect of buyouts and mergers is to consolidate business and decrease competition

Acquisitions also preserve value in businesses that would otherwise shut down (now or are on a path to). They can create a combined business that's better than the sum of its parts. For example, Apple acquiring Next.

Pro-competition / anti-monopoly doesn't require throwing the baby out with the bath water.

spacemadness|3 years ago

I feel like Hacker News probably isn’t the place to see folks upvote against acquisitions.