They could grow by making more games that sell well. More offshoot studios so they can have more parallel production.
If the ONLY way they can grow is to consolidate, then they are as big as they are going to get then. Tough titties. They have a minor duty to shareholders to turn a profit, not to grow at all costs. That’s the problem with current capitalism and will lead to effective monopolies.
I’m opposed to this acquisition but let’s be clear: Activision doesn’t have a “minor duty to shareholders”. They have a fiduciary duty to shareholders.
Yes. But the duty is to put the best interests of the company first. This is ambiguous because it can mean long-term health and stability, or as is more common lately, companies have decided that short-term profits over all else.
So there is no duty to “grow at any cost”. They can be profitable and stable and define that as the best interests of the company.
They could grow by making more games that sell well. More offshoot studios so they can have more parallel production.
If the ONLY way they can grow is to consolidate, then they are as big as they are going to get then. Tough titties. They have a minor duty to shareholders to turn a profit, not to grow at all costs. That’s the problem with current capitalism and will lead to effective monopolies.
I’m opposed to this acquisition but let’s be clear: Activision doesn’t have a “minor duty to shareholders”. They have a fiduciary duty to shareholders.
Yes. But the duty is to put the best interests of the company first. This is ambiguous because it can mean long-term health and stability, or as is more common lately, companies have decided that short-term profits over all else.
So there is no duty to “grow at any cost”. They can be profitable and stable and define that as the best interests of the company.
I’m getting sick of how the law mandates in favor of companies pushing for unreasonable, untenable and sometimes even destructive growth.