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But big old companies can acquire new companies and startups already...?

>>rainco+(OP)
And then they kill them, most of the time. Sometimes intentionally, usually unintentionally.

The money in the pockets of shareholders is more effective at finding good investment opportunities than the innovation department of big ol’ corporate.

But yes, there is an argument to be made, that acquiring small companies can be a valid strategy for big companies. Overall, I think this is bad for the economy though, therefore I am glad that antitrust is pushing back on this.