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by kevin_b_er 2906 days ago
Whenever a corporation says a merger will result in lower prices, they're usually lying, because mergers increase prices.

https://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?ref...

1 comments

Even if a merger allowed a company to lower prices through cost reductions, they still wouldn't because they own more of the market and have less incentive to compete.

The only exception I've ever heard of is Amazon's purchase of Whole Foods, but you could argue that Amazon wasn't competing much with Whole Foods before it purchased them.