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Sep 16, 2022Liked by Matt Stoller

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?

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