3 ms·
Out of interest, when was the last time a company was split up in the US? I can’t think of one in the last ten years.
by robin_reala 3y ago
Out of interest, when was the last time a company was split up in the US? I can’t think of one in the last ten years.
- xref 3y agoI think AT&T in 1982 was the last company actually broken up. It seems like the DOJ tries to keep companies from getting too big in the first place now, with mixed results. In recent times Penguin/Random House/Simon & Schuster was blocked, AT&T/T-Mobile was blocked, but Microsoft/Activision succeeded https://en.m.wikipedia.org/wiki/Breakup_of_the_Bell_System https://en.m.wikipedia.org/wiki/Breakup_of_the_Bell_System https://www.cnbc.com/2022/11/01/judge-blocks-penguin-random-house-simon-schuster-merger.html https://www.cnbc.com/2022/11/01/judge-blocks-penguin-random-... https://en.m.wikipedia.org/wiki/Attempted_purchase_of_T-Mobile_USA_by_AT%26T# https://en.m.wikipedia.org/wiki/Attempted_purchase_of_T-Mobi...
- oneTbrain23 3y agoWith China coming up decimating many USA companies in eastern side, all these doesnt matter much. Do you matter what happen to Japanese or German companies? Bankrupted and outcompete by Chinese companies in the last 5 years? Well same thing now happening to many American companies on that side and European too. So having American companies splitting up at this point would give the Chinese side even more advantage to outcompete with way stronger resources in Brics.
- littlecranky67 3y agoWell my point was, globalization and digital markets lead to US companies making revenue (and abusing their market powers) worldwide. This has been going on for longer than 10 years - so doesn't make much sense to ask for a timeframe of the last ten years. If you go back 20 years, what Megacorp existed back then that needed to be broken apart?
- robin_reala 3y agoMicrosoft, honestly.