4 ms·
We've at least tried to break up the telecom one before?
by arrosenberg 5y ago
We've at least tried to break up the telecom one before?
- smitty1e 5y agoPossibly making Sherman[1] into a function that gets applied annually at the Fortune 500 level? [1] https://en.m.wikipedia.org/wiki/Sherman_Antitrust_Act_of_1890 https://en.m.wikipedia.org/wiki/Sherman_Antitrust_Act_of_189...
- ncmncm 5y agoWe did, and then allowed them to consolidate again, under influence from lobbyists and biased economists. The anti-trust legislation is still in force, but it needs participation from the Justice Department, which is systematically neglecting its duty. It is not against the law to have a monopoly, but when you choose to have one you become subject to a body of law that monopolies are supposed to observe. But that body of law has been chipped away at in the courts, as the Public Interest is only fitfully represented.