Re:Amazon is reportedly negotiating to acquire MGM for about...
by huitzitziltzin on Tuesday May 18, 2021 @01:40PM
(#27198261)
Sorry to disappoint you, but this is what I actually believe. I am not playing devils advocate.
Economists do get it wrong. If you think this will reduce consumer welfare (which is one of the standards used to judge mergers), tell me how.
I see no reason to block the merger on the grounds that Amazon is a trillion dollar company, rather than a 900 or 800 or whatever billion dollar company.
Economists do get it wrong. If you think this will reduce consumer welfare (which is one of the standards used to judge mergers), tell me how.
I see no reason to block the merger on the grounds that Amazon is a trillion dollar company, rather than a 900 or 800 or whatever billion dollar company.
Amazon is not 4% of the US economy, btw.