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set-271 t1_ir0ykqm wrote

Reply to comment by pohl in Microsoft has launched a website to explain its Activision Blizzard acquisition by Zepanda66

I used to think monopolies don't have consequences, but they do. Just look at the world today, with all the poverty and despair, our laws skewed to benefit the rich only, our Healthcare costs monstrous, our food system controlled by just 5 conglomerates, our money centrally controlled and held by the big banks.

With regards to Microsoft's purchase of Activision, it again, one company controlling the vast market, thus limiting our choices, censoring ideas, sucking our pockets empty with constant new pay schemes, and deciding our choices based on what they believe is good for us.

The film The Matrix comes to mind, with the robots holding society hostage in the virtual world.

It may sound fantastical, but just look at the state of the world today, so out of sync with humanity, animals, and the planet. If monopolies continue to gobble up every valuable ip in the world, we are definitely headed toward darker times.

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pohl t1_ir0zen5 wrote

I guess I would challenge if the horrors of the modern world have anything to do with acquisition or, rather that a small(ish) group of people own all these companies regardless of what brand is on what balance sheet today. Even if it isn’t the same individuals, the fiduciary response of ALL public companies means they will act in very similar ways. The name on the shingle or the brand doesn’t mean a thing.

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