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by cj
478 days ago
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Private Equity is well known for exploiting markets for profits without regard for much else. They will do things like enter a niche market, buy up all mom & pop shops (or in the case of ISP, even replace an existing monopoly), then once they own the entire niche, commercialize the niche and extract as much money out of the niche as humanly possible (usually at the expense of customer experience, quality of product, etc) |
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