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by abduhl
1072 days ago
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The evidence presented at trial showed that this vertical (not horizontal) acquisition would increase competition in the market. If antitrust laws were based on the conception of monopolization you seem to be suggesting then any acquisition or merger would be a monopolist’s act, and that’s ridiculous. |
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Past a certain size, it absolutely is. E.g. a food producer will have a much harder time entering (or staying in) a vertically-integrated market (as an independent entity), where all the grocery chains privilege offerings by producers they own.
Using other near-monopolies as argument for why new ones should be allowed to form will lead to a very consolidated market, which is exactly what anti-trust is supposed to prevent.