Re:The reason Okta spent $6.5B on Auth0
by advisedwang on Friday March 05, 2021 @12:30PM
(#26359434)
I'd like to see the FTC get involved. Seems like this is going to reduce competition.
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Re:The reason Okta spent $6.5B on Auth0
by toomuchtodo on Friday March 05, 2021 @12:32PM
(#26359470)
Any merger or acquisition by definition reduces competition, but these two are far from the only players in the IDMS market.
I think that's often true, but it's not true by definition. For example, if a large company in industry X buys a small company in industry Y as a way of entering a market, competition can go up in industry Y as the small company now has increased capacity to compete with the bigger players.