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Arguably, breaking up AT&T still forced competition into the telephone space for ~30 years. By the time AT&T had remerged to form at&t they were both a smaller
by lumost 6y ago
Arguably, breaking up AT&T still forced competition into the telephone space for ~30 years. By the time AT&T had remerged to form at&t they were both a smaller portion of the economy and still had real competition in the form of Verizon, level3, StarLink and others.
If Google was broken up it's entirely plausible that by the time it re-merged search would either be a commodity service or just not that important.
- adamcstephens 6y agoYes, this is very important. We need to break up and regulate the large firms to make room for competition. Many of the benefits of capitalism are actually destroyed by monopolies. We also need to continue to regulate monopolies, because if we lapse again and let the mergers flow we’ll be right back where we are again. And again.