Quote:
Originally Posted by puckpaul
I dont think a 78% market share company should be able to buy a 7% player. Hope it gets rejected.
|
At a glance it would seem to entrench PSA's monopoly position, and/or threaten to substantially lessen competition by taking away the one competitor who arguably could constrain PSA's pricing. These are the basic principles that inform the Merger Guidelines. No clue how the government would view it though, if they have a view at all. May not care. I guess if I were defending it I'd say the entry barriers to starting a grading service aren't that high, so PSA is also constrained by potential competition. Also deal may be under filing thresholds under Hart Scott Rodino Act making review unlikely.
__________________
Four phrases I nave coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 03-01-2024 at 05:26 PM.
|