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by Hengjie 3855 days ago
Yes. Porsche made cars but also purchased a stake in Volkswagen. http://priceonomics.com/porsche-the-hedge-fund-that-also-mad...
2 comments
akg_67 3855 days ago
Just because Porsche and VW both makes car don't make them competitor. One is a luxury car maker and another is mass car producer. Adjacent market deals are common, direct competition are uncommon.
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lmm 3855 days ago
Volkswagen was their supplier for some components, no? Buying a stake in your supplier/customer is a lot more common and non-antitrusty.
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