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by madeofpalk 920 days ago
In the same way that animal cruelty laws is bad for the cock-fighting market. Is the "M&A market" a valuable market worth having?
1 comments

Do companies like YouTube and Instagram get started and funded less frequently if the climate evolves to “it’s impossible to have large mergers approved”?

It’s a bit like asking in 2009 if the secondary mortgage market is a valuable market worth having. It provides significant good (IMO) to support real estate transactions.

I'm not sure.

But, I don't think that YouTube or Instagram are an inherent moral requirement for society, so I don't think it's the end of the world if they never existed.

Extremely few companies meet an “inherently moral requirement for society” standard.
Right :)