General Discussion
In reply to the discussion: Fans Howl After Weather Site Buys Out Rival [View all]JHB
(38,174 posts)Promoting 'competition' by buying out their competition since the Age of Reagan.
If WC had really wanted to capture the segment of the market served by Wunderground, they were perfectly capable of setting up a division that did a better job of serving the interests of the "data people." That's capitalism, right? The spirit of competition?
Naww, f*** that! That would cost money and have the risk of not working. Why go to all that work (and do that job creation) when you can just buy out the other guys?
And really, who's going to complain about it now? It's been standard practice since Mergermania.
What's really important is that more money be shot upward to the 0.01% (including, in this case, Mittens himself as a Bain shareholder), and the hell with "serving the market".