I disagree with this. Acquisitions are good for shareholders. Billiards is in the disposable income business. That means that bad financial times means low sales. If people don't extra money, they are not going to spend on billiards stuff.
We are still in a tough economy and this is further proof of it. Companies merge when at least one of them is struggling or one files for bankruptcy. I would say that less distributors is bad for the industry overall. And we have seen several businesses go... like Hampton Ridge. Many jobs are being lost.
Of course, this is my opinion and I'm sure others will disagree.
"Keep your feet on the ground and keep reaching for the stars." ---Casey Kasem