Fiat-Chrysler and Renault discuss Merger

Fiat-Chrysler and Renault discussing a possible merger,  which -- if it goes ahead --  would create the world's 3rd largest car company (behind Toyota and Volkswagen..).

https://www.smh.com.au/business/companies/fiat-chrysler-could-merge-with-renault-to-create-car-industry-giant-20190528-p51rrr.html

https://www.abc.net.au/news/2019-05-28/fiat-chrysler-renault-merger-talks-europe-markets-asx/11155280

https://www.bloomberg.com/news/articles/2019-05-28/marchionne-s-spirit-looms-in-merger-plan-his-disciple-drove-home

IF this comes together, we could possibly see  Fiat-Chrysler, Renault, Nissan and Mitsubishi all together under the one umbrella..

Such a merger would not only be good for shareholders and for sharing costs and technologies, but each brand will obviously be complementing each other, as the different brands have different strengths and advantages in different markets and market sectors.

Classic capitalism at work.

Original thinkers thought the competition would be vertical, with producers placing the burden on themselves to reduce costs.

Instead, producers compete horizontally, wiping out lateral competitors altogether, there by creating a monopoly.

Same thing is true about politics.