A merger between two huge container equipment companies were cancelled this week. If the merger happened, it could’ve threatened free and fair markets, resulting in down stream effects to consumers. Container equipment is huge for ports across the nation as they’re customized specifically for that task. This does beg the question - could we have seen more efficiency across ports? Sure monopoly's are not so great, they do however have the capacity to create standards that can be difficult across many companies. Learn more here.
Blenkey, Nick | “Antitrust authorities block merger of container handling giants”