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This sort of buy-fatten-milk-kill acquisition should just be flat out illegal
I don't really see a problem with it. It painful short term but has the benefit of breaking up centralization and single points of failure.
I'm not sure I follow your logic there, it looks to me like it has the opposite long term effect by removing what competition actually is there
Well no. VMware had a monopoly but now they have successfully pushed everyone to other software. Not everyone is using the same alternative so the market is more diverse.