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b_b  ·  3733 days ago  ·  link  ·    ·  parent  ·  post: Snapchat CEO Reveals Why He Rejected Facebook's $3 Billion Offer

My guess is it probably is illegal, but that it was also just a theoretical press release. If the other execs in the room can quickly calculate how much money Amazon would lose, they can probably also do the math on how much in legal fees they'd be out trying to sue a company that has unlimited resources. Sure, maybe they'd win in the end, but by that point they would be bankrupt and left with nothing instead of an offer to sell. You're probably too young to remember the antitrust lawsuit against Microsoft. It took something like 8 years to settle. That's a long time to wait out your competition.