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I don't understand this sentiment. Antitrust laws are specifically designed to deal with "indestructible" companies.
by Invictus0 7y ago
I don't understand this sentiment. Antitrust laws are specifically designed to deal with "indestructible" companies.
- CameronNemo 7y agoAnd yet they have historically not been used in such a way. The railroads that were targeted during the height of US antitrust legislation were some of the smaller groups.
- dymk 7y agoThey were used to literally break up a telco, Bell, in the 80s, so it’s not like it’s impossible or unheard of
- CameronNemo 7y agoYes, that is true. But now the telcos have adapted into an oligopoly. Additionally, that action was initiated by the Feds, not state AGs as in this context. I would maintain the position that prosecutors often look for attainable (low risk) fruit. It certainly depends on the prosecutor, but the federal level has been quite reluctant in the past (e.g. how did at&t become so large?...).