Antitrust enforcer Jonathan Kanter is reinvigorating merger law. This time, it's blocking monopolization in the lock industry.
It truly is remarkable isn't it. Sometimes it feels like we are being gaslit, when the most blatant, anti-competitive mergers are somehow still okay'd by board members and VCs thinking it is in anyway acceptable.
I'm already starting to lose track of them in this year alone: MSFT/ATVI, Amazon shutting down its health arm and buying One Medical, Adobe just recently with Figma while having a direct competitor, rumours of Amazon and EA.
It almost feels like there should be a penalty for such egregious mergers. I almost want to give the go ahead to Bernie/Warren's idea of a straight ban on all mergers above $5B/ >33% marketshare/ >25% workers share.
This is surely the endgame so why not just skip to it?