4 ms·
I don't think so? Can anyone answer this definitively?
by SerLava 6y ago
I don't think so? Can anyone answer this definitively?
- dsr_ 6y agoThe FTC could, potentially, require: 1. That FB split into N independent companies, whereupon each share of FB would become 1 share in each of N companies. 2. That the supermajor shareholders (say, more than 10% of any company) each pick at most one company to retain that interest in, and sell off shares in the other companies until they had less than 10% of each of those). 3. That the new companies avoid overlapping directors. It would be a long time in court. See the breakup of AT&T.
- lotsofpulp 6y agoAnd then it would eventually come back together. See ATT. https://money.cnn.com/infographic/technology/att-merger-history/ https://money.cnn.com/infographic/technology/att-merger-hist...
- mrkramer 6y ago"And then it would eventually come back together." That would be hilarious.
- katbyte 6y agoBut are there not multiple phone companies now instead of just one?
- lotsofpulp 6y agoYes, it was just a possibly funny observation that most of the entities created from the monopoly ended up back in an entity called ATT.
- samfisher83 6y agoThey have all pretty much merged back into AT&T or Verizon. Those two companies together would be the original MA Bell.
- lotsofpulp 6y agoAnd Centurylink.
- aylmao 6y agoDuopolies are bad, but I'd say still better than monopolies.
- oblio 6y agoEven better, Standard Oil.
- lovecg 6y agoReminds me of Terminator 2.