Nicolas Petit @competitionprof.bsky.social · 24/12/2024Friends, General Motors exits the robotaxi market, and planet antitrust stays silent??? Here are three overlooked teachings of that story 1/N 111
Nicolas Petit @competitionprof.bsky.social · 24/12/2024First, firms acquire and shut down others, but these moves are not necessarily 'killer acquisitions.' Here, GM acquired Cruise in 2016, only to shut it down 8 years later due to the high costs of growing a robotaxi business 2/N 100
