this post was submitted on 21 Jul 2023
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Privacy
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As you say, it was a scandel and i guess it is not longer beeing made on the IRS website?
What are the recent FAANG acquisitions you are talking about?
Mostly these:
https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Meta_Platforms https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Amazon https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Alphabet
This is a non-exhaustive list of around 500 corporations that could be selling services on their own, that could compete in the same market these four are in. This is what you could "vote with your wallet" for.
Point is, every time a product gets traction in a market where big companies desire dominance, they get bought up or priced out. These companies don't operate in a functioning market.