
1. Antitrust Avoidance
Employment + licensing ≠ merger review.
2. Talent Extraction
90%+ retention vs 50% in traditional M&A.
3. IP Access
Non-exclusive in contract, exclusive in practice.
4. Competitor Neutralization
Corporate lobotomies disguised as licensing deals.
This is part of a comprehensive analysis. Read the full analysis on The Business Engineer.









