4 ms·
has there been any antitrust activity in the united states recently? Like... past 10 years? Particularly given the current administrations disposition, I think
by oehpr 6y ago
has there been any antitrust activity in the united states recently? Like... past 10 years?
Particularly given the current administrations disposition, I think pinning your hopes to anti-trust is like financially planning around lottery tickets.
- netsharc 6y agoBut Trump hates Bezos because Bezos owns Washington Post, which publishes articles critical of Trump. I'd imagine if the administration goes through with the antitrust investigations, Bezos would just show up with a suitcase saying "Here's my offer to your 2020 reelection campaign" (not literally, he could put it through a Super PAC) and Trump would say "Art of the deal!" and that threat would disappear... Or Bezos could double down and get a law firm very rich trying to prove that the suit would be unfair because it's driven by the president's little ego...
- JumpCrisscross 6y ago> has there been any antitrust activity in the united states recently? Yes, lots [1][2]. (I count fourteen cases year to date.) [1] https://www.ftc.gov/enforcement/cases-proceedings/terms/217 https://www.ftc.gov/enforcement/cases-proceedings/terms/217 [2] https://www.ftc.gov/news-events/press-releases/terms/217 https://www.ftc.gov/news-events/press-releases/terms/217
- oehpr 6y agoI mean, no one's concerned amazon is going to merge with someone, my god I hope the FTC would block that. But I think the grand parent comment and I are talking about breaking up gigantic pre-existing monopolies. Not any general activity that can be categorized under "anti-trust"
- astura 6y agoI don't know if you count it was antitrust, but there's been two blocked mergers in the last ten years: Comcast and Time Warner as well as AT&T and TMobile.