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Comment by digdugdirk | Hacker News Reader

I was wondering when the questionable corporate consolidation would start kicking off under the Trump administration.

Have there been any other mergers in the past few months that slipped under the media radar? I honestly expected there would have been some deals waiting in the wings prior to the election just in case.

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Three major online-first banks was clearly just way too much competition. This merger fixes the situation down to the "token two" where they only have to compete on marketing rather than anything relating to actual features like product offerings, fees, website usability, customer service, etc. Now they can switch to shameless extraction mode like the regional and national brick-and-mortar banks.

Which one is the other one?

Ally. There's also Alliant Credit Union which I left out because I think their website/app usability is abjectly atrocious (and my statement was still technically correct because CU).

Admittedly I haven't kept up with new options in the past few years, but my main goal is stability for not having to redo all the setup so new startupy options are kind of inherently uninteresting.

"Questionable corporate consolidation" has been happening for decades. I do agree it will accelerate under this current orange administration.

Anti-trust laws have been watered down so much or not applied.

This is all because of pseudoscience from neoclassical/neoliberal/reaganomics economic theory

>This is all because of pseudoscience from neoclassical/neoliberal/reaganomics economic theory

What's the Real Science™ then?

> What's the Real Science™ then?

Monopolies and intense corporate consolidation are bad for everyone except shareholders and CEOs?

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