Re:FTC Sues Facebook for Illegal Monopolization
by lotsofpulp on Wednesday December 09, 2020 @03:21PM
(#25364208)
And then it would eventually come back together. See ATT.
https://money.cnn.com/infographic/technology/att-merger-hist...
Re:FTC Sues Facebook for Illegal Monopolization
by mrkramer on Wednesday December 09, 2020 @03:36PM
(#25364471)
"And then it would eventually come back together." That would be hilarious.
Re:FTC Sues Facebook for Illegal Monopolization
by katbyte on Wednesday December 09, 2020 @03:37PM
(#25364490)
But are there not multiple phone companies now instead of just one?
Re:FTC Sues Facebook for Illegal Monopolization
by samfisher83 on Wednesday December 09, 2020 @04:35PM
(#25365488)
They have all pretty much merged back into AT&T or Verizon. Those two companies together would be the original MA Bell.
Re:FTC Sues Facebook for Illegal Monopolization
by lotsofpulp on Wednesday December 09, 2020 @04:43PM
(#25365612)
And Centurylink.
Re:FTC Sues Facebook for Illegal Monopolization
by aylmao on Wednesday December 09, 2020 @08:10PM
(#25368173)
Duopolies are bad, but I'd say still better than monopolies.
Re:FTC Sues Facebook for Illegal Monopolization
by lotsofpulp on Wednesday December 09, 2020 @04:20PM
(#25365214)
Yes, it was just a possibly funny observation that most of the entities created from the monopoly ended up back in an entity called ATT.
1. That FB split into N independent companies, whereupon each share of FB would become 1 share in each of N companies.
2. That the supermajor shareholders (say, more than 10% of any company) each pick at most one company to retain that interest in, and sell off shares in the other companies until they had less than 10% of each of those).
3. That the new companies avoid overlapping directors.
It would be a long time in court. See the breakup of AT&T.