By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/09/2026Crucially, these disclosures must include the business's plans to retain its customers, and its plans to increase the profits from those customers. That's where the researchers struck gold. 1391
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/09/2026They amassed a novel data-set of 9,500 acquisitions that disclosed over $1t worth of "customer relationship-related intangibles," more than 20% of all the assets that changed hands. 1362
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/09/2026They supplemented this data by mining earnings calls (also subject to strict penalties for omissions and falsehoods), finding CEOs boasting about "practices that may impede switching or increase customers’ dependence on the firm." 1445