this post was submitted on 09 Oct 2024
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lol, yeah it sure worked on Microsoft.
Oh wait, they just spent the next 20 years re-consolidating.
So it broke their monopoly for 20 years? That's...a lot. Imagine if we had a consistently not corrupt DOJ for 20 years.
#whoosh
See that? It was the point you missed.
The solution isn't (just) breaking up the monopolies. It's making it impossible for them to form in the first place.
The only thing that would prevent that is the complete end of capitalism. So you're saying there can be no good things at all, no material increase in standard of living, no wins, nothing, until capitalism is completely replaced?
No, you just need to regulate who can merge with who, and when, and why. And not accept bullshit answers from executives.
You're just moving the goal-posts because you know you don't have an actual argument.
Mergers are far from the only way to create a monopoly.