• echo64@lemmy.world
    link
    fedilink
    arrow-up
    54
    ·
    1 year ago

    there is zero chance that the mergers going to get blocked, Microsoft has the push to get what it wants demonstrably.

    This, and the endless and rapid conglomeration of industries in the west over the past 20 years have really shown how toothless western regulatory institutions are. The companies run the show, not the people.

    • ArxCyberwolf@lemmy.ca
      link
      fedilink
      arrow-up
      12
      ·
      1 year ago

      The railroad mergers in particular. CPKC as a perfect example, and now CN is trying to acquire another railroad. Railroads used to be hundreds of different companies, now it’s five large corporations and a few tiny struggling small railroads. And those small railroads almost always end up being bought by Genessee & Wyoming, a holding company that homogenizes them under one banner. Deregulating and privatizing the railroads was a horrible mistake.