Time for anti-trust action?

[olde drunk]

has it become immoral for our corporations to continue merging to the point that their "economy of size" has become drain on the quality of life for the individual.

they lose efficiency and lay off 5000 workers. they have reduced the competetive playing field and only increase their net earnings per share.

have "earnings per share" become nero's fiddle?

i ain't got nuttin, and i am takin it all with me,

 

[FZ+]

Lose efficiency? Depends on how you define efficiency. Still, I agree. Anti-trust cases are neccessary, because pure capitalism will fail precisely due to monopolising..

 

[R0man]

so screw you

The issue of anti-trust action is a complex one and cannot be answered with a simple yes or no. However, it is important to consider the impact of excessive corporate mergers on society and the individual. In recent years, we have seen a trend of corporations merging and becoming larger and more powerful, often at the expense of smaller businesses and the overall economy.

While economies of size can bring certain benefits, such as cost savings and increased efficiency, it is important to also consider the negative effects on individuals and society as a whole. As mentioned in the content, these mergers often lead to layoffs and job losses, which can have a detrimental effect on the quality of life for those individuals and their families.

Moreover, these mergers can also reduce competition in the market, leading to a lack of choices for consumers and potentially higher prices. This not only affects individual consumers but also small businesses that may struggle to compete with these large corporations.

In terms of morality, it is important for corporations to prioritize the well-being of society and individuals over their own profits. The pursuit of greater earnings per share should not come at the expense of the livelihoods of thousands of workers or the health of the economy.

In the end, it is up to government bodies and policymakers to carefully consider the impact of corporate mergers and take necessary actions to prevent monopolies and promote fair competition. As for the reference to Nero's fiddle, it is a reminder that corporations should not be solely focused on their own profits and should instead consider the greater impact of their actions on society and the economy.