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Congress has a long history of targeting specific companies and groups, such as United Aircraft and Transport. https://www.historylink.org/file/5368 https://www
by nickff 4y ago
Congress has a long history of targeting specific companies and groups, such as United Aircraft and Transport. https://www.historylink.org/file/5368 https://www.historylink.org/file/5368
- gamblor956 4y agoYour example clearly shows that Congress passed a general antitrust law that applied both to Boeing (at the time) and all other companies since that law was passed: a law specifically prohibiting monopolist control of air delivery services by companies that also manufactured the planes used in those delivery services. Note that parts of this law are still in effect today. This law under discussion would only apply to Disney, and could only ever apply to Disney.
- ledauphin 4y agocan you clarify how this law would only apply to Disney? Somehow I missed that in the article.
- gamblor956 4y agoThe bill is limited to companies which are both in the movie production and amusement park industries (Disney and Universal) which have over $150 billion in market capitalization (only Disney, as of May 2022, though NBCUniversal was over $150 billion in April). However, only Disney has copyrights which would be expired by this law due to the retroactive termination of copyright periods and extensions.