Seems to be a negative response to this deal re competitive implications. Can someone outline their theory of harm? I do some work in competition economics but am not American and don't know a lot about either company?
I expect a larger cost from violating the trust of their customers. They'll lose many and if they do grow, grow more slowly. It's an advantage to their competitors.
It's also one of the most toxic and unhealthy for the industry. As you pointed out, they are proponents of extreme lock-in and anti-competitive behavior. And it's not good when such toxic company also has such pools of money. They can do too much damage.
Which means that they're using profits from an unrelated market to undercut and push out / destroy any competition in their storefront market. Not a good situation for future competition.
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