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What isn't illegal but should be?
(lemmy.world)
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this post was submitted on 26 Jul 2024
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Over the past few decades it's become very clear this is needed. The problem is that by making LBOs illegal you are saying that a controlling stake of the company's stock isn't the same as owning a controlling stake in the company. So at that point the value of stocks becomes a bit more speculative and likely much less stable. Given that basically the entirety of our economy is built on the stock market I think this is incredibly unlikely to ever happen.