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Google discussed teaming up with Tencent to buy Epic Games
(www.tweaktown.com)
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this post was submitted on 21 Nov 2023
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Why is everyone buying each other lately???
Weakening of antitrust regulations.
Nobody is stopping them
Lately? You haven't been paying attention.
Lately?
https://en.wikipedia.org/wiki/Monopoly_(game)
One school of thoughts is companies go through eras of profiting from inflation and eras of profiting from M&As. Guess an uptick in M&A would suggest they're no longer increasing profits from inflation?
Corporations see others getting profit as competition, and it makes sense to consolidate profits so "Everyone wins" (everyone excluding the consumer)