What are the negative impacts of amalgamation?

Answer 1

Amalgamation can lead to a loss of local identity and community engagement, as smaller entities are merged into a larger organization, often prioritizing efficiency over local needs. It may result in job losses due to redundancy, creating economic instability for affected employees and communities. Furthermore, amalgamated entities might face challenges in integrating diverse corporate cultures, which can lead to internal conflict and decreased employee morale. Lastly, this consolidation can reduce competition, potentially leading to higher prices and lower quality of services for consumers.