4 ms·
How was their acquisition of Instagram and Whatsapp legal? Haven't antitrust laws broken up companies for less?
by tolbish 6y ago
How was their acquisition of Instagram and Whatsapp legal? Haven't antitrust laws broken up companies for less?
- input_sh 6y agoPre-Reagan, sure. Since then, none. There's zero interest in breaking up monopolies in the US from both Democrats and Republicans. Hell, today's AT&T has more market share than Bell Systems did before it was split up. EU, on the other hand, appears to be slowly progressing towards the goal of breaking up tech monopolies. Leaked plans would shake up the tech quite a bit: https://www.eff.org/deeplinks/2020/10/eu-vs-big-tech-leaked-enforcement-plans-and-dutch-french-counterproposal https://www.eff.org/deeplinks/2020/10/eu-vs-big-tech-leaked-...