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Seems somewhat ridiculous to allow companies to acquire other companies/services just to force them to spin them off. I'm for regulation, if you can come up wi
by wvenable 9y ago
Seems somewhat ridiculous to allow companies to acquire other companies/services just to force them to spin them off.
I'm for regulation, if you can come up with sensible ones. But targeting a specific company to be split up doesn't seem like it actually solved the problem in the long run. I mean look what happened with AT&T -- we're almost back to complete consolidation again.
- Lionsion 9y ago> Seems somewhat ridiculous to allow companies to acquire other companies/services just to force them to spin them off. Not really. If Facebook can answer "we're sorry, we'll change and fix it" to every problem, why can't a regulatory regime do the same? E.g. "We're sorry we allowed this acquisition to go through, but it turned out to actually be anticompetitive and our prior mistake doesn't change that..." > I mean look what happened with AT&T -- we're almost back to complete consolidation again. The unfortunate thing with AT&T is the regulators, over time and political changes, weren't consistent. I don't think we really want a politically lowest-common-denominator regulatory regime, but that's what we have.