Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.
Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.
So here is an idea:
Ban companies from buying other companies.
Period
It always ends well for a very select few, it never ends well for the consumers
That’s an interesting thought. Are mergers usually bad overall? Would it be better for the assets and workers to just be lost? I do think monopolies are bad simply because of the domination of control and the loss of competition, but if X and Y are two of many companies and Y is failing, why is it bad for X to save some of the parts of Y to incorporate it into their own? Maybe there should be limitations and regulations on how much can be done and to what?
I don’t even know the right questions to ask, I just thought the idea was interesting in its absoluteness, and wondered if it might be too simple to say no merging or buying at all.
There should at minimum be a requirement for one company to prove it is failing, and for the other company to have to argue how the merger is a net benefit for competition in front of a judge