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You can count the number of companies that own all American media on one hand. How is it that anti-trust is "taking care of it" again?
by nnash 9y ago
You can count the number of companies that own all American media on one hand. How is it that anti-trust is "taking care of it" again?
- chrisseaton 9y agoMaybe he thinks more than one company is sufficient then? But that’s still just a civil difference of opinion! It’s not insulting to be disagreed with I’m afraid.
- zanny 9y agoExcept in the context he is speaking of, extremely few Americans have more than one company supplying them with Internet access. It is definitionally a monopoly, and to say existing anti-trust legislation is sufficient is saying the monopolies as they exist now are acceptable and nothing needs to be done. It is a dismissive comment from the senator, he should feel insulted. It is like saying "help I'm bleeding" and the guy next to you saying "its not that bad, get over yourself".
- thisacctforreal 9y agoor him saying “it’s ok, wait a little longer and a hearse will come help.”
- chiefalchemist 9y agoI'm not so sure monopoly captures the root of the internet access problem. Yes, in many markets there is a single provider (e.g., Comcast). There are other providers (e.g., Verizon). But neither enters the other's markets. I'm not suggesting their is a spoken conspiracy. But when neither side benefits from direct competition, what's the word for that?
- OtterCoder 9y agoTrust, in the business sense of the word. https://en.m.wikipedia.org/wiki/Trust_(business) https://en.m.wikipedia.org/wiki/Trust_(business) In the days of Rockefeller, these things were a little more formal. Nowadays companies know better than to put such silent agreements in writing.
- s73ver_ 9y agoIt is when the "disagreement" is not only flat out wrong, but condescendingly so.