Charles Schwab Acquiring TD Ameritrade Not Good

Note – I at first had this backwards… I am still opposed to acquisitions that reduce competition and harm consumers such as this though.

First TD Ameritrade acquired Scottrade and replaced that beloved platform with their usability nightmare.

Now Charles Schwab is acquiring TD Ameritrade.

Each time two companies merge, a competitor is removed from the market and services for all customers in that industry get worse.

Published by

Joel Gross

Joel Gross is the CEO of Coalition Technologies.