Earlier quoted context omitted.
It's even worse than a monopoly, it's the elimination of a market. When you perform a vertical merger you no longer have to negotiate with people at that level of the market. The acquired business now only has to respond to the demands of the parent company and it is only through those demands that market forces act on the child business. Furthermore, since the parent company has removed its demand from the market, t…
I mean, your argument is effectively that vertically integrated companies are so efficient, and lower costs so much, that they force competitors out of business. If I was a lawyer, fighting FOR the company, I would literally use your exact same argument as for why vertical integration is a good thing. Reducing costs, and making the market more efficient is a good thing, not a bad thing. Reducing prices is good, not b…
However I'd argue the damning blow is that centralization makes efficient but fragile structures. Its why everyone hates a monolithic codebase.