It’s very hard to actually get a company broken up and I can’t remember ever seeing it happen. But when your antitrust case is judged against you, they don’t just charge you a fine and say “on your way now.”
The ATT orientation video about that is hilarious. It shows how Ma Bell was broken up, and then it just circles back around to it coming back together. On a map, with arrows lol
Yeah, Ma Bell breaking up into the Baby Bells is the only real example I can think of, and even they came back together later (though, by then, there was enough diversity in the market that they couldn’t reclaim the level of market dominance they once had)
WhatAmLemmy@lemmy.world 2 months ago
What’s even funnier is that he’ll pay a relatively insignificant fine, and be able to continue and profit from the monopoly.
Corporate dictatorships masquerading as “democracy” is FUN!
scarabic@lemmy.world 2 months ago
It’s very hard to actually get a company broken up and I can’t remember ever seeing it happen. But when your antitrust case is judged against you, they don’t just charge you a fine and say “on your way now.”
kameecoding@lemmy.world 2 months ago
i only know of this because I did an internship at AT&T en.m.wikipedia.org/…/Breakup_of_the_Bell_System
TachyonTele@lemm.ee 2 months ago
The ATT orientation video about that is hilarious. It shows how Ma Bell was broken up, and then it just circles back around to it coming back together. On a map, with arrows lol
laurelraven@lemmy.blahaj.zone 2 months ago
Yeah, Ma Bell breaking up into the Baby Bells is the only real example I can think of, and even they came back together later (though, by then, there was enough diversity in the market that they couldn’t reclaim the level of market dominance they once had)
klemptor@startrek.website 2 months ago
Yeah somehow Microsoft dodged it in 2001 which is pretty mind-boggling because they were supreme at that point
anomnom@sh.itjust.works 2 months ago
Yeah office should have been split and MSN too. But we have had oligarchs calling the shot for eons.