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I agree that we don't have a free market, but how do you get to "AT&T wouldn't have been broken up" as evidence of that? It's exactly the opposite.
by pottertheotter 5y ago
I agree that we don't have a free market, but how do you get to "AT&T wouldn't have been broken up" as evidence of that? It's exactly the opposite.
- Dracophoenix 5y agoIn this hypothetical laissez-faire USA, AT&T would not have been granted a monopoly to begin with (what allowed the company to metastasize into Ma Bell) in addition to not having been broken up so long as any monopoly AT&T achieved (or failed to achieve) was accomplished on its own merits. Thus the previous post is technically correct about the outcome, but probably for the wrong reasons (i.e. failing to account that Ma Bell itself was not a product of the free market)
- mbesto 5y agoI'm the parent - I agreed with pretty much everything you said.