- cross-posted to:
- reddit@lemmy.world
- cross-posted to:
- reddit@lemmy.world
I started to notice some thing weird while using Reddit, every link post from Condé Nast owned news outlet was getting a high amount of upvotes and awards while other publications had a very normal rate of awards( usually zero, with the exception of the sponsored ones) and upvotes.
That when I started to investigate this matter till I found out about this.
They are boosting their publications on Reddit on the major subreddits. They are trying to give their publications a advantage over all the other news outlets.
They have the ability to kill the other news outlets if they keep doing that. Avoid them as if your freedom is dependent on it.
Isn’t it funny how theres always a company that nobody has ever heard of behind every big brand that everybody knows about?Containerised liability assigned to nonexistent entities.
Conde Nast was a big name in the magazine publishing business for decades.
But not for laymen.
But for laywomen 🤣!
This is how the USA works now. Not just unethical companies and monopolies but super monopolies and upright evil companies. If you ever want to make yourself mad Google EssilorLuxottica, it is the largest eyeglass manufacturer, sunglass manufacturer, eyeglass retailer … and believe it or not it also owns Eyemed eye insurance. It’s not the biggest eye insurance company … yet.
Vertical integration that leads to self dealing like this should be considered anti competitive and illegal.
Unfortunately in US healthcare it’s the norm.
That is how corporations avoid antitrust lawsuits. They know what they’re doing.
Heck the name of the brand doesn’t have to be the same as the name of the company.
It is also standard practise to do in basically every country. It helps with liability, but it also helps when you want to sell parts of the company and can help for tax reasons as well.
I have seen companies with similar structures who only have a couple of hundred thousand euro of revenue.
I remember in geography learning that Merlin entertainment is behind a lot of our major theme parks. Yeah it’s a thing
I frankly don’t know how you have lived this long and not heard of them. This is more of you problem versus everybody else problem.