3 ms·
I 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 mi
by xref 3y ago
I 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.