18 ms·

Lately? When was it not like that?

• PaulHoule 2y ago
  From 1932 to 1980 or so the government tried to break up big monopolies to encourage competition, both parties pretty much agreed not to do that (there are some real benefits to consolidation) until the last 8 year or so because monopoly power is getting extreme. See https://www.thebignewsletter.com/ https://www.thebignewsletter.com/
  • tacticus 2y ago
    partly because of astroturfing about "benevolent" monopolies that was pushed on to judges and politicians
  • inejge 2y ago
    From 1932 to 1980 or so the government tried to break up big monopolies to encourage competition Starting with FDR and ending with Reagan? I think that the history of US antitrust is more complicated. The first round of trust busting (Sherman Act, Standard Oil) was a generation before FDR, and the period you've highlighted had two great monopolies, AT&T and IBM. I agree that the policy had been pretty much hands off between Microsoft and big tech.
    • PaulHoule 2y ago
      You're right about the chronology, it did start around 1900 or so.