Larry Ellison Told Trump Netflix Deal Could Harm Competition – WSJ
According to the Wall Street Journal, Oracle co-founder Larry Ellison phoned U.S. President Donald Trump after a Netflix transaction was revealed, expressing concerns over its competitive impact.
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Terms & Concepts
Competition: In economic terms, the rivalry among businesses to attract customers, which can be affected by mergers or acquisitions.
Transaction: A completed business deal or exchange, often referring to mergers, acquisitions, or large-scale agreements.