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submitted 1 month ago by [email protected] to c/[email protected]
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[-] [email protected] 10 points 1 month ago

I wonder if this is the harbinger of a bunch of companies breaking up after decades of consolidation.

It would definitely be good to have a big round of breakups to get competition going again. Then we just have to fight against the consolidation that will start up in 20-30 years.

[-] [email protected] 7 points 1 month ago

I wonder if this is the harbinger of a bunch of companies breaking up after decades of consolidation.

It isn't consolidation, per se.

A lot of these older industrial companies had R&D tied to their businesses that would come up with random new product lines that could go from consumer goods to heavy industrial purposes. At that time, these companies would create new divisions to sell the new products.

Over time, the different product lines became more specialized and R&D for one division wasn't helping other divisions like it used to. At that point, you would have a holding company effectively manage several wildly different companies that just happened to share some base technology.

At that point, it made more sense to break up these companies since the synergy for keeping these companies under one corporate board was lost and the management issues became too high.

[-] [email protected] 9 points 1 month ago
[-] [email protected] 12 points 1 month ago* (last edited 1 month ago)

The company plans to spin off its electronics and water businesses into their own yet-to-be-named companies

This is the second DuPont breakup in half a decade. In 2019, DowDuPont, which was created in a DuPont merger with Dow Chemical, broke apart into three separate entities: DuPont, Dow Chemical and Corteva, the company’s agriculture business.

On Wednesday, DuPont said the newly formed electronics company would focus on “semiconductor solutions and advanced electronics products,” while the new water company would be “a comprehensive water solutions provider.” The leftover divisions will remain as part of DuPont.

[-] [email protected] 59 points 1 month ago

I would wager that one of the companies is going to hold all of their products that are liabilities that they expect huge lawsuits from.

Monsanto has done the same in the past.

[-] [email protected] 4 points 1 month ago

They've already done that once. See Chemours

[-] [email protected] 13 points 1 month ago

3m recently, too

[-] [email protected] 11 points 1 month ago

Absolutely, they are preemptively limiting exposure to something they expect to be a problem in the near future.

[-] [email protected] 20 points 1 month ago

First thing I thought of.

Let’s not forget Bayer doing the same to make it impossible to prosecute them for infecting thousands of people with HIV and Hepatitis intentionally.

[-] [email protected] 5 points 1 month ago

Metaphorically, it seems like an animal chewing its own foot off, when trying to escape a trap.

Gives off vibes like its trying to protect the rest of itself, especially after so many years of being a monolithic company.

~Anti~ ~Commercial-AI~ ~license~ ~(CC~ ~BY-NC-SA~ ~4.0)~

[-] [email protected] 6 points 1 month ago

Exactly what I thought when I read this.

[-] [email protected] 33 points 1 month ago

Poison Inc.

Mega Poison Lld.

Sweetums.

[-] [email protected] 10 points 1 month ago

And none of them will ever be held responsible.

this post was submitted on 23 May 2024
57 points (98.3% liked)

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