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by diggan
2074 days ago
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If a big company buys another one in order to close it down, not migrate its services with the sole goal of achieving market dominance (monopoly), then yes, the government should have the power to block that acquisition as the public would be worse off with one big company being the only provider of something, rather than N companies providing something. This is why we have free markets, as we want companies to compete with each other, not absorb each other. |
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