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→ Lina Khan Fires a Crooked CEO

It’s nicely counter intuitive to think that a successful merger could be signal that a company is losing its operational effectiveness. I think it’s much more common to admire the acquisitive prowess of companies like Alphabet, Disney or Meta. And yet the idea that a company that focusses on “market organisation” over innovation is in decline is compeelling. It also aligns with this recent tweet from Flo Crivelo.