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by NoRelToEmber
1068 days ago
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> vertical (not horizontal) acquisition [..] any acquisition or merger would be a monopolist’s act 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. |
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The solution isn’t to sanction Sony because it’s not clear that Sony has done anything illegal to obtain its market position. It’s not illegal to have a monopoly. The solution is to let competition arise from the market and increase consumer choice either by driving down prices or providing more options for consumers. In the market for grocery stores, Microsoft buying Activision is anti-monopolist and pro-competition.