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by ramesh31 744 days ago
>The merger should have never been authorized.

So that Verizon could own the entire market along with a few also-rans? It was a choice between the lesser of two evils.

3 comments

If Verizon controlled that much, then it should have been broken apart.

You don't fix a monopoly by creating more monopolies.

How is reducing competition good for competition?
> How is reducing competition good for competition?

I am not familiar with the telecom market. But blocking mergers doesn’t necessarily increase competition. (For example, breaking up Walmart would reduce competitive pressure on Amazon.)

>How is reducing competition good for competition?

By creating actual competition. Sprint and T-Mobile separately would always be second tier to Verizon. Combined, their network actually competes.

Hacker news is peak contrarian. If your stance was that this merger was incredible, your replies would be entirely about competition lol.
HN has a diverse set of viewpoints. For any assertion one might make, there will be someone with the opposite viewpoint.

In addition to out-and-out opposition or agreement that sounds vaguely oppositional, a comment might call for a pedantic annotation, a tangential aside or book recommendation.

Don’t forget the unconstructive meta-analysis.

  sudo !!
This is a wonderful example
Okay, glad you made it impossible to write a comment that disagrees with yours.

You know what they say about things that aren't falsifiable, they're definitely correct!!

> You know what they say about things that aren't falsifiable, they're definitely correct!!

Ah, the ol' Hitchens's movie night: "what can be asserted without evidence can also be dismissed with popcorn".

That's to be expected. A typical conversation starts with someone taking a high-dimensional problem, projecting it to their favorite dimension, and saying "the solution is obviously on my side on the number line". Of course you'll get multiple "contrarian" replies ranging from "hey, what about my preferred dimension" to "you know the problem has more than one of them?".
What? Verizon's clear benefit died long before the acquisition, even if their market share did not. The best thing to do would be to foster competition, not actively bless its destruction.