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thrwaway1337 | 1 year ago

While I appreciate the sentiment, surely that is not the reason why we should wish acquisitions to happen or fall through? There's something to be said about solving for maximum societal welfare—which may or may not be the case here, but in any event doesn't depend on any specific individual

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inetknght|1 year ago

> While I appreciate the sentiment, surely that is not the reason why we should wish acquisitions to happen or fall through?

I have another reason (whether or not that's "better" is arguable): because too big to fail is a thing and we've already seen what happens in other industries when big players buy out smaller ones.

thrwaway1337|1 year ago

I see "too big to fail" most commonly referenced when talking about the GFC of '08-'09. Nothing there happened because big players bought out smaller ones. Lehman Brothers wasn't even big, comparatively speaking

lja|1 year ago

I think it's important to contemplate the human component of mergers. If lots of gainfully employed people get let go so that fewer people can consolidate expenses and raise shareholder value I think it should be considered as part of the decision making framework.

silverquiet|1 year ago

It is a consideration; redundancies are eliminated in acquisitions. It's capitalism; not laborism.