I lined it out what I mean.
Some mergers and acquisitions are good for everyone, better products/services and lowers costs for the consumer, and higher margins for the joint company out of synergies etc.
But too much of a "good thing" is always a bad thing.
Our government since the mid 1980s has rubbers stamped far-far-far too many mergers and buy outs. There are 100s of markets where only a small handful of companies serve the entire nation. This is not good. Absolutely GREAT for the shareholders, who is the only ones our government cares for - Democrat or Republican. That kind of ownership concentration places the wealth of the industry into the hands of an extraordinary small number of individuals. As well as local ownership simply vanishes.
There are many whole books about this stuff. The result of businesses shifting from consumer to shareholder has resulted in enormous market gains, and concentrated wealth to an unprecedented degree. This has also resulted in "globalism" - whereby production owners move production to where ever the costs are the lowest. Which has resulted in mass use of child and slave labor. Modern slave labor. China and others may not be buying and selling people as slaves, but they force people to live in concrete "cells" working long-long hours at wages that are so low they can never-ever escape the classs they are born in. They are slaves. Pure and simple.
China is the worlds largest wine producer. China literally bulldozed down villages, put the people in busses by force, then forced them to work in the vineyards. If that isn't slave labor than nothing is.
And they do this for 100s of brands and products. And our government is WELL AWARE of this - both parties - but they do nothing because they bought and paid for.
A report says China has moved minority Muslims into factory jobs, where their freedom is restricted.
www.bbc.com