Stop letting cronyism slow down crucial mergers

Published March 10, 2020 6:39pm ET



Businesses both large and small fight for survival every day. Yet, government bureaucrats and elected officials often like stepping in to make running a business harder. Throw in a little trendy populism, and running a business becomes a terrifying task in the current climate, bordering on impossible.

Take Facebook and Google, for instance. These businesses are competing for users every day, and their competitors are just waiting for them to slip up. If even that wasn’t hard enough, new platforms are being developed every day by innovators that now have the advantage of seeing how Facebook and Google have succeeded. Of course, this competition is good: good for the companies, good for the users, and good for the economy.

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