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SPACs as the Symptom to Reform the IPO process

Special purpose acquisition companies or short SPACs have risen dramatically in popularity. CNBC calls them “one of Wall Street’s hottest trends” CNBC, 2021 But what is a SPAC, and what makes them so popular at all? Furthermore, how can we improve the IPO process due to the SPAC mania?

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What would happen if all mergers and acquisitions were illegal?

It is a hypothetical question: what impacts would it have if businesses were not allowed to merge with or buy other businesses – including competitors? Do you think this would rather have a positive effect on the worldwide economy and wellbeing or do you think this would have adverse effects – if so which?