No Competition with Hearing Aids The "Big 6" Hearing Aid Companies are really the "Big 3"

Sivantos and Widex have announced they have agreed to terms for merging the two companies. Several of the biggest manufacturers of hearing aids are already owned by the same parent companies.

In 2018, Widex and Sivantos (which also owns Siemens/Signia, Rexton, TruHearing, Audibene, HearUSA and Hear.com) announced an $8B merger, creating the 3rd largest hearing conglomerate in the world.[5] Not only do they dominate the manufacturing of hearing aids with an illusion of competition but they also control the distribution. Almost identical to the  United States Vs. Paramount Pictures antitrust scenario.

https://en.wikipedia.org/wiki/United_States_v._Paramount_Pictures,_Inc.

Or the breakup of the Bell System

The breakup led to a surge of competition in the long-distance telecommunications market 

https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System

 

The combined company—pending what will probably be a long and possibly uncertain regulatory approval process—would position it in close proximity to Sonova and William Demant Holding (WDH), with a global market share of about 24-25%. Sonova, the Switzerland-based parent group of Phonak, Unitron, and Hansaton, is estimated to have a market share of around 25%—essentially the same or slightly more than WDH, the Denmark-based group that owns Oticon, Bernafon, and Sonic.

 


 

 

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