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#1
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Sometimes it seems like mega companies don't care about money, they are willing to tie up litigation in the courts for years and years instead of paying a settlement. They don't save any money and their lawyers just keep ringing up the billable hours. And then at other times, they are going after mom & pops because every dollar counts.
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#2
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I think that sometimes businesses view spending all that time, expense, and effort as not frivilously just throwing money away, but more like paying for insurance. They go over the top against someone or some entity to send a message to everyone else out there to not even think about ever doing or saying anything to go against them. Because if they do, they'll stop at nothing to fight back and try to destroy whomever they feel posed a threat against them. Last edited by BobC; 09-16-2021 at 05:26 PM. |
#3
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A friend of mine at eBay told me that they are constantly trying to buy out their competition. Anytime a small online auction site makes a splash, eBay is there to buy them out, effectively playing whack-a-mole. They go to great lengths to ensure that not only are they the 'king of the hill', but that they have the only hill. Their business model is not particularly novel or complex. It is extremely vulnerable to competition. They fully realize this. Hence they attempt to buy out competitors before they can gain enough momentum. Just look through the list of acquisitions they've made over the years (and this list is not comprehensive. I know there are several more smaller acquisitions that aren't even listed here). They buy out other auction sites just so they can either shut them down or prevent them from growing into greater threats in the future. It is almost certainly the most important factor in keeping them in the position they're still in today. This is eBay's modus operandi. If they see you as competition, they will try to squash you or acquire you.
https://en.wikipedia.org/wiki/List_o...itions_by_eBay |
#4
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#5
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Not really, offering to buy someone out, and them accepting, is legal.
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#6
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Bribery only works when the party that is offered the bribe accepts. Buying another company only works when the company that is offered the buyout accepts. Does that help? |
#7
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The word/term also usually carries with it an illegal, or at least negative, connotation, which I assumed you were trying to imply in some way to Ebay's actions in regards to their acquisitions of other companies over the years. Otherwise, why use the specific word/term "bribery"? Regardless of what Ebay's motive's may have been for any of their business acquisitions, not a single one of them involved giving anything of value to an individual or person in an attempt to influence anyone's actions in regards to any public or legal duties. A business is not actually an individual or person, so by definition, you can't actually bribe a company/business. In the way you are attempting to apply the word/term "bribery", it is akin to someone posting on the B/S/T forum that they are looking for something in particular, and someone responds they have what that person is looking for, they negotiate and arrive at an agreed upon value/price, payment in whatever agreed upon form takes place, and the item's ownership and possession passes from the seller to the buyer. Which is basically the same steps and things that happen when one company buys another. Except, I don't ever remember in all my years anyone ever saying or referring to any seller from off the B/S/T, just like in my example, as having been bribed!!! I believe the average person would simply refer to that as "doing business". Now, does that help you? |
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