Were there not contractual obligations with clear boundaries and penalties? Surely it wasn’t just a “promise”?
Never should have allowed the merger to begin with. Break them up. Everyone involved in the merger barred from working in the industry for life.
tinfoilhat@lemmy.ml 3 months ago
Oh but they promised! Darn. If only there was some way to regulate corporations.
Sabata11792@ani.social 3 months ago
The FTC sent an angry letter, that will surely stop them.
scrubbles@poptalk.scrubbles.tech 3 months ago
It was a pinky promise! You can’t break a pinky promise!
tinfoilhat@lemmy.ml 3 months ago
Ah yes, a pinky promise. An unbreakable legal agreement between nobles.
mkwt@lemmy.world 3 months ago
It’s called the Sherman Antitrust Act, and it’s why this promise was made and why the FTC cares about it now.
Transporter_Room_3@startrek.website 3 months ago
But DO they really care about it? Or is this just to placate the plebs again?
I’ll know they care when they actually manage to do something about it.
Asafum@feddit.nl 3 months ago
Isn’t this exactly what Chevron Deference was about? I don’t know how clearly defined the law actually is, but this seems like a prime case for the rubber stamp SCOTUS to jump on and say “actually according to a pig shit farmer from 9500bc the law was meant to mean that monopoly power is awesome.”