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A comment on Intuit to buy Credit Karma for $7B. Parent comment

Re:Intuit to buy Credit Karma for $7B by scarface74 on Sunday February 23, 2020 @02:55PM (#22399119)
Here is the list I was referring to.

https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...

Just some examples Next, SoundJam (iTunes), PA Semi (processors), AuthenTec (finger print sensor), Apple Music (Beats), Siri, etc.

Knowing Apple what is more likely, they would license tech or just create it in house? How do smaller companies prevent that? Patent trolling? What if the companies wanted to be acquired by Apple? Does the government step in and say you aren’t allowed to sell your business? Instead of acquiring the company what’s to stop Apple from doing an acqui-hire? Are you going to tell them they can’t work for Apple?

Government intervention in businesses unless there is a severe negative externality is almost universally bad.

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Re:Intuit to buy Credit Karma for $7B by Ozzie_osman on Sunday February 23, 2020 @05:44PM (#22400071)
Monopolies, like externalities, are a huge source of market failure.

Though ironically sometimes the solution to negative externalities is a (regulated) monopoly.

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Re:Intuit to buy Credit Karma for $7B by scarface74 on Sunday February 23, 2020 @06:59PM (#22400474)
So now we are suppose to discourage companies from getting big? Everytine a company gets big do we really want the government to step in? Do your trust your government? Wouid you trust your government if it was the “other” party?

It amazes me that people on HN willingly want to give up their agency to the government.

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Re:Intuit to buy Credit Karma for $7B by Ozzie_osman on Sunday February 23, 2020 @07:57PM (#22400718)
Huh? Where did anyone say anything about companies getting big? At this case you're just making strawman arguments.

What I (and I think others) are against is anti-competitive behavior. I don't trust the government a whole lot (even my party) but I trust it more than I would a company behaving monopolistically.

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Re:Intuit to buy Credit Karma for $7B by scarface74 on Sunday February 23, 2020 @09:24PM (#22401135)
By HN standards, Apple (with a 40% market share) and Amazon (10% of all retail sales) is a monopoly.

The difference is that the government has the power of law to compel me to do something. A company doesn’t. Given that choice, a government with less power is better.

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