Surprise, the definition of “efficiency” used to justify corporate mergers is just “make shareholders money.”

www.ineteconomics.org

Surprise, the definition of “efficiency” used to justify corporate mergers is just “make shareholders money.”

www.ineteconomics.org

PKMKII [none/use name]@hexbear.net to

politics@hexbear.netEnglish · 1 year ago

The Mythology of Horizontal Merger Efficiencies

www.ineteconomics.org

Economists had to distort economic theory to fashion their merger “efficiency” arguments

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