I'm for regulation, if you can come up with sensible ones. But targeting a specific company to be split up doesn't seem like it actually solved the problem in the long run. I mean look what happened with AT&T -- we're almost back to complete consolidation again.
Not really. If Facebook can answer "we're sorry, we'll change and fix it" to every problem, why can't a regulatory regime do the same? E.g. "We're sorry we allowed this acquisition to go through, but it turned out to actually be anticompetitive and our prior mistake doesn't change that..."
> I mean look what happened with AT&T -- we're almost back to complete consolidation again.
The unfortunate thing with AT&T is the regulators, over time and political changes, weren't consistent. I don't think we really want a politically lowest-common-denominator regulatory regime, but that's what we have.