• taladar@feddit.de
    link
    fedilink
    English
    arrow-up
    25
    ·
    1 year ago

    In general Germany tends to have more small companies that are serving ultra-narrow niches and fewer huge companies that the average person would know.

    • dumdum666@kbin.social
      link
      fedilink
      arrow-up
      16
      arrow-down
      8
      ·
      1 year ago

      those companies can’t compete with US companies simply because the US intentionally let their corporations grow without limits in the past so they would be essentially without competition worldwide because of their size.

      They will just buy those Startups. End of story.

      • taladar@feddit.de
        link
        fedilink
        English
        arrow-up
        20
        ·
        1 year ago

        I am not talking about startups, I am talking about companies that have been around for decades in many cases but sell one very specific service or product to everyone who needs that world-wide. Often they are not even publicly traded.

        • dumdum666@kbin.social
          link
          fedilink
          arrow-up
          2
          arrow-down
          7
          ·
          1 year ago

          I think my point still stands for both cases (even though it was originally directed at startups): if a US company considers a startup or an decades old hidden champion somehow valuable, they will buy that company. They just pay the original owners a shitton of money.

          • sic_1@feddit.de
            link
            fedilink
            English
            arrow-up
            5
            ·
            1 year ago

            How will they buy a family owned private company? That would require the family willing to sell and that’s simply not the case 95% of the time.

            The real problem is that those hidden champions can not grow further because they already dominate their small niche. Often they inhabited this position for generations already and are very conservative and don’t really innovate.

            • dumdum666@kbin.social
              link
              fedilink
              arrow-up
              1
              arrow-down
              2
              ·
              edit-2
              1 year ago

              This wouldn’t happen by force - they would just offer a lot of money to convince them. I never claimed that those transactions would always be successful, did I?

                • dumdum666@kbin.social
                  link
                  fedilink
                  arrow-up
                  1
                  arrow-down
                  3
                  ·
                  1 year ago

                  you claim them to happen at relevant scale,when they dont.

                  Where have I claimed that there were large scale buyout programs like you falsely suggest?

                  so shifting the goalposts to “well it happens sometimes” is silly.

                  I didn’t shift the goalposts- you purposefully want to misunderstand- there is a difference.

      • highduc@lemmy.ml
        link
        fedilink
        English
        arrow-up
        11
        ·
        edit-2
        1 year ago

        Yeah I think that’s an issue in Europe and the rest of the world. Personally I’d like to see successful European companies, but not monstrous unregulated lobbying corporations like in the US. Hopefully EU legislation will level the playing field by making the corpos abide by fair legislation, but I don’t know if that’s gonna help in all instances, and we all know how legislation is always lagging behind by at least 10-20 years.