Oh cmon, it’s pretty silly to throw the “paid shill” thing out just because I don’t think these particular layoffs are a regulatory issue. If expected layoffs were a regulatory issue, mergers would almost never occur. Maybe that’s your preference, and that’s fine. But that’s not the current stance of most regulatory agencies.
Can you please cite any law that could be interpreted to consider a layoff of ~1000 employees as anti competitive? I’m just not seeing it. Not a shill, not a hidden astroturfer, and I’ve even been impacted by post-acquisition layoffs twice in my career. I just don’t think this is a legal issue or a valid reason to kill the acquisition.
Assuming you’re in the US, you should have learned about the Sherman Antitrust Act in school, so that would be a good place for you to start looking if you’re interested.
Section 1:
Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal.
Section 2:
Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a misdemeanor [. . . ]
Nowhere does it mention that “competition” is only related to consumer prices. It’s covers all transactional relationships. There have been further anti-trust laws passed in the US, but this is basically where it all started.
The FTC and DOJ have also partnered in recent years on other labor-related monopoly issues. For example, the FTC is expected to vote this year on banning non-compete clauses from employment agreements.
I know what the Sherman Antitrust Act is. I’m asking you to cite anything at all, a section of the law, an application in a case, anything, where this law or any other could be interpreted as prohibiting these layoffs. I’m sorry, but if the argument is that ~1000 layoffs is somehow impacting competition in the industry, that’s just not convincing to me. And again, you want to argue that other impacts of this acquisition impact competition, that’s entirely reasonable, but if you’re hinging all of this on the idea that a couple thousand layoffs violate the basic text of the Sherman Antitrust Act, I do not believe your interpretation of that act is correct.
Oh cmon, it’s pretty silly to throw the “paid shill” thing out just because I don’t think these particular layoffs are a regulatory issue. If expected layoffs were a regulatory issue, mergers would almost never occur. Maybe that’s your preference, and that’s fine. But that’s not the current stance of most regulatory agencies.
It’s a regulatory issue that the servers are occurring lol.
In the US we have laws against this, that have been either ignored by the FTC or overruled by corrupt judges for decades
Can you please cite any law that could be interpreted to consider a layoff of ~1000 employees as anti competitive? I’m just not seeing it. Not a shill, not a hidden astroturfer, and I’ve even been impacted by post-acquisition layoffs twice in my career. I just don’t think this is a legal issue or a valid reason to kill the acquisition.
Assuming you’re in the US, you should have learned about the Sherman Antitrust Act in school, so that would be a good place for you to start looking if you’re interested.
Nowhere does it mention that “competition” is only related to consumer prices. It’s covers all transactional relationships. There have been further anti-trust laws passed in the US, but this is basically where it all started.
The FTC and DOJ have also partnered in recent years on other labor-related monopoly issues. For example, the FTC is expected to vote this year on banning non-compete clauses from employment agreements.
I know what the Sherman Antitrust Act is. I’m asking you to cite anything at all, a section of the law, an application in a case, anything, where this law or any other could be interpreted as prohibiting these layoffs. I’m sorry, but if the argument is that ~1000 layoffs is somehow impacting competition in the industry, that’s just not convincing to me. And again, you want to argue that other impacts of this acquisition impact competition, that’s entirely reasonable, but if you’re hinging all of this on the idea that a couple thousand layoffs violate the basic text of the Sherman Antitrust Act, I do not believe your interpretation of that act is correct.