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A comment on Market Concentration Is Threatening the US Economy. Parent comment

Re:Market Concentration Is Threatening the US Economy by daniel-cussen on Wednesday March 13, 2019 @11:20AM (#19379530)
The Rockefeller example, though frequently cited, is a red herring. Those companies were thereafter known as the "Seven Sisters" and not exactly known for truly competing with each other.

There was also a comment here I read recently about Rockefeller being a pretty activist shareholder, in the sense that he arranged meetings--using his considerable clout--among heads of the resulting companies, many of which were his most loyal former employees.

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Re:Market Concentration Is Threatening the US Economy by jjoonathan on Wednesday March 13, 2019 @11:22AM (#19379558)
Right, ditto with AT&T. That's the point. Monopolies haven't always been able to resist being broken up -- but they have always been able to arrange the breakup so that the pieces don't compete and don't shift bargaining power to the consumer.
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Re:Market Concentration Is Threatening the US Economy by ghaff on Wednesday March 13, 2019 @12:00PM (#19379972)
Minor nit. The Seven Sisters weren't all descended from Standard Oil of New Jersey although a number of them were.
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