Re:Private Equity firm is acquiring a lot of currency conver...
by junon on Friday April 02, 2021 @04:54AM
(#26670018)
At what point does this sort of thing become legally questionable?
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Re:Private Equity firm is acquiring a lot of currency conver...
by webmaven on Friday April 02, 2021 @10:50AM
(#26671865)
> At what point does this sort of thing become legally questionable?
Only at the point where the roll-up creates a dominant player (or several, ie. a monopoly, duopoly, or oligopoly[0]) and antitrust rules kick in to prevent further consolidation or abuse (of various sorts) of the dominant position(s).
[0] In theory, antitrust also protects from abuse of monopsonies etc., but abuse of a dominant buyer (eg. Walmart) is harder to accomplish and maintain, harder to prove harm, and harder to regulate.
Re:Private Equity firm is acquiring a lot of currency conver...
by jhugo on Friday April 02, 2021 @07:20AM
(#26670534)
At no point? These APIs are all secondary sources anyway, the actual price is public information on the actual currency markets
Re:Private Equity firm is acquiring a lot of currency conver...
by kasey_junk on Friday April 02, 2021 @06:17PM
(#26676543)
Currency (spot) markets are not typically public. They are usually OTC deals between 1 counterparty and a specific bank. Even on multi dealer platforms you don’t see the same prices other people trading on those platforms see.