KrKHeavy Artillery For The Little GuyPremium
If a merger would actually create a bigger competitor to existing large companies, it's blocked.
If it's a buyout or merger by said existing large interests, it's approved.
IE if it promotes competition and consumer choice it's usually shot down.
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)
Exactly , I have no idea what these folks up on the hill are thinking. These types of mergers are just being approved in record times.
"It's always funny until someone gets hurt......and then it's absolutely friggin' hysterical!"