News for hackers. Stuff that matters.
Re:Hidden Dangers of the Great Index Fund Takeover by ellisv on Saturday January 18, 2020 @02:16PM (#22086398)
> No, company would have to split itself (create separated business entity) so you would have to sell your competing part of the company.

This just isn't practical though. Apple/Google/Amazon/etc would have to be broken up for example.

> That's the problem article describes! Such behavior reduces competition and hurts customers.

Hedging shouldn't be illegal though. Let me buy both cows and chickens -- even though I don't know which people will want to eat later.

Re:Hidden Dangers of the Great Index Fund Takeover by kds3 on Saturday January 18, 2020 @02:25PM (#22086463)
> This just isn't practical though. Apple/Google/Amazon/etc would have to be broken up for example.

So happened with Standard Oil and others after antitrust laws were introduced. Was their split bad? Or impractical?

Don't you as a customer want Google and other companies to be splitted to AdWords, GoogleSearch, YouTube, Android, Waymo companies?

Re:Hidden Dangers of the Great Index Fund Takeover by dodobirdlord on Sunday January 19, 2020 @02:11AM (#22089929)
No, it's actually pretty much the selling point that Apple the phone manufacturer is also Apple the security chip manufacturer, Apple the OS development company, Apple the financial services company, and Apple the company that supplies the wallet app. This means that I only have to trust one entity to use Apple Pay to buy things with my phone. This largely collapses if Apple can't at the same time be a manufacturer of chips, a seller of phones, a developer of operating systems, a provider of applications, and a handler of financial transactions.