No. It's adds to the uncertainty that MONOPOLIES face, OS. Regular ol' businesses like mine will NEVER have to deal with the FTC. I can't even picture what it would look like if an alcohol company owned 80% of the market. But I do know if that ever happened, my 25 year old successful business would disappear, along with all the jobs we've created.old salt wrote: ↑Thu Jul 04, 2024 4:31 pma merger challenge unlike any other she had seen in her career -- I'll say. That's my point.Typical Lax Dad wrote: ↑Thu Jul 04, 2024 1:17 pm
Old Salt was just off camera. Couldn’t get a word in edgewise….he came to Fanlax to prosecute his case. Skadden wanted no part of him….anyone hear that Biden blocked the acquisition?
her takeaway -- "...this just adds to the uncertainties that US companies face."
So yes, the FTC is FINALLY trying to keep the very monopolies that your family face every freaking day, from getting bigger. Past FTC's have waved these monopolies through, because the US Senate is on the take, as is our POTUS, as is the FTC itself.
She's trying to change that. Something that you already admitted that you support, complaining about monopolies hurting your family's biz....just not here, because you own stock.
M&A at this level? NEVER means good things for anyone but stockholders. Fewer jobs. Less competition. Higher prices.