Why do companies spinoff?

Common sense indicate you want your company to grow bigger, to earn as much money as possible.

So spinoff is counter-intuitive. Why?

And why it's prevalent in US culture? While in other places like Korea and Japan it's the opposite, where society is dominated by a few companies?

And is it a cultural shift? US in early 20th century also had conglomerates, did anti-trust killed off the "natural" tendency? If not for anti trust laws, would US corporate dominance today similar to Korea and Japan?

And why didn't Amazon spinoff AWS?

Submitted July 11, 2018 at 02:07PM by oberlre02 https://ift.tt/2Jj6bK6