Comment by superkuh
3 years ago
Look at it this way, if I repeatedly deposit $9999 into my bank account to avoid regulatory oversight for depositing $10000 then I'm still breaking the law by trying to avoid the regulatory trigger. This is called "structuring" and it is a criminal act.
But if I do this in a stock context and buy 49% control of multiple companies over and over, with all the same obviousness of my intentional avoidance of the regulatory trigger, it's considered a smart move and pretty much the status quo.
Yes, the practice of law says Microsoft does not own openai. But it's also obvious what's going on when companies do this.
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