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Stripe and Advent have made a joint offer to acquire PayPal – sources (reuters.com)

493 points by rvz · 44 days ago · 305 comments on HN

Article summary

The article reports that Stripe and Advent have made a joint offer to acquire PayPal, although the article's content is not available. Commenters discuss the potential implications of this acquisition, including the possibility of a monopoly and the role of antitrust enforcement. Some commenters argue that the acquisition could lead to a monopoly in the online payment market, while others suggest that the market is larger and more complex than that. The discussion also touches on the regulatory environment and the potential for states to block the merger.

Main themes

  • Mergers and Acquisitions
  • Antitrust Enforcement
  • Online Payment Systems
  • Regulatory Environment
  • Market Monopoly

What commenters say

  • The acquisition of PayPal by Stripe and Advent could lead to a monopoly in the online payment market, which would be harmful to consumers and the economy.
  • The market for online payments is larger and more complex than just PayPal, and therefore the acquisition would not necessarily lead to a monopoly.
  • The lack of antitrust enforcement in the US would allow the merger to go through, despite potential negative consequences for consumers and the market.
  • States have the ability to sue to block mergers, and may be able to prevent the acquisition of PayPal by Stripe and Advent.
  • The regulatory environment in the US is too lenient, allowing large corporations to consolidate power and stifle competition.
  • The acquisition would not have a significant impact on consumers, as there are many other options for online payments and the market is highly competitive.
  • The merger would lead to increased efficiency and lower prices for consumers, as the combined company would be able to operate more efficiently.
  • The acquisition is part of a larger trend of market consolidation and deregulation, which would have far-reaching negative consequences for the economy and society.