4 ms·
I understand the feeling looking for justice served by "breaking up", but in this case I don't think that's ever going to work. In fact, that will make even har
by summerlight 3y ago
I understand the feeling looking for justice served by "breaking up", but in this case I don't think that's ever going to work. In fact, that will make even harder to regulate them in future since they're nominally smaller entities, but forming a cohesive cartel.
The market itself is reinforcing this distorted incentive structure, so even if you break them up into 100 smaller companies they will keep doing so in a more secretive way since they will still operate in the same market with aligned incentives. Breaking up works effectively only when you can effectively split the market those are operating on, something like AT&T or Standard oil. Big techs are not bound on geographic areas, so you're going to spend several years on uncertain fights only to make it even worse.
What we really need is precisely targeted legislation that will prevent anti-competitive business practice itself. EU has been successful here with GDPR, DMA and they're willing to extend them even further. US is holding everyone back here. This is a highly political problem. Any judicial treatment will only be temporary mitigation and those will quickly find out a way to circumvent it.