mrleiter (u/mrleiter)

mrleiter commented on Tell HN: Merry Christmas and Happy New Year · Posted by u/graderjs

mrleiter · 3 years ago

I love this community. I have been on here years and it became one of the very few forums where I decided to finally stop lurking and make an account. It is extremely well moderatet, the discussion are on an amazing level. Topics are fantastic.

To all of you: thank you so much and a very merry christmas! I hope you are doing fine.

mrleiter commented on Cannabis use produces persistent cognitive impairments: meta review addictionjournal.org/post... · Posted by u/caaqil

mrleiter · 4 years ago

From my short 1 month experiene working in a clinical ward: if young people got brought in due to a psychosis, in the case that it was drug induced, at least 50% were long term cannabis users (followed by alcohol abuse, then some psychoactive drugs, and heroin/crack).

Cannabis definitely is not the vanilla drug so many people make it out to be.

*EDIT: I get the selection bias now, sorry.

mrleiter commented on UK regulator set to block Meta's Giphy deal reuters.com/markets/deals... · Posted by u/monkeydust

bijant · 4 years ago

That is my understanding from german cartel law (very similar)as well. However how do you structure a deal to take retroactive actions by regulators into account. I don’t know if there is a set of established best practices there, but I‘m no M&A Attorney so this could well be a solved problem. As much as the Law can bore me at times there frequently are questions such as this that pique my interest again. Saw your recent (6mo ago) ask HN. Did you end up changing careers or stick with the law ? I‘m in a similar situation.

mrleiter · 4 years ago

As far as my experience goes, you cannot really take retroactive actions into account. It's extremely bothersome for the parties involved, and they usually choose to fight it out over all instances, since untangling a business by force, as you can guess, is detrimental to everything you are doing. Usually the parties know about such risks and price it in (two ways: you register the acquisition and risk it being denied, or you skip the registration and hope that the authorities won't start an action by themselves).

I stuck with law right now, talked to a lot of people. I do work that leaves me enough free time so as to satisfy my other interests, learn more about it, and if after like maybe 1 year I feel confident enough to switch, I'll do it. Right now I'm content with that situation. How about you?

mrleiter commented on UK regulator set to block Meta's Giphy deal reuters.com/markets/deals... · Posted by u/monkeydust

bijant · 4 years ago

How does such a retroactive block work ? I imagine Meta executives have already taken over the reigns and directed the company towards full integration with facebooks other services. If Giphy had had a project in the works that could disrupt any of Facebooks monopolies than surely that project would be canceled by now and anyone involved would have transferred internally to the relevant Meta subgroup or left. So if blocking the deal results in Meta loosing control of Giphy but getting it’s money back, wouldn’t that be a great outcome for Meta as they would have achieved their main goal for free ?

mrleiter · 4 years ago

Disclaimer: worked for the Austrian cartel prosecutor:

Such (as in: requiring regulatory approval in general, as I cannot legally speak to this deal specifically) takeover deals are structured with a suspensive condition, pending regulatory approval. Until that condition is met, it remains pending and without effect.