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Re:Why Did Congress Just Vote to Break Up Big Tech?
by veerabadhra on Friday June 25, 2021 @04:47PM
(#27636052)
The anti trust break up of AT&T led to disruptive innovation, like mass produced cell phones. I personally can't wait for the AI revolution that will occur when Google is broken up. The Big Tech incumbents need to die out, because innovation stagnates in these monopolies.
Re:Why Did Congress Just Vote to Break Up Big Tech?
by jessaustin on Friday June 25, 2021 @05:04PM
(#27636267)
That "break up", especially when considered together with the Act of '96, was a long con. Outside investors poured billions into "competitive" telcos, yet today the replacement for Ma Bell is two Daughters Bell plus a few scattered also-rans. In the meantime they got rid of common carriage, lots of PUC rules, limits on broadcast monopolies, etc. The monopoly profits they stole on the wireline side funded their anti-competitive merger spree on the wireless side. We don't have to wait for the inevitable merger between ATT and VZN to call this a giant failure.
Re:Why Did Congress Just Vote to Break Up Big Tech?
by dantheman on Friday June 25, 2021 @05:02PM
(#27636235)
AT&T was a government granted monopoly - it was illegal to compete with them, it's not at all relevant.
Re:Why Did Congress Just Vote to Break Up Big Tech?
by kgwgk on Friday June 25, 2021 @04:52PM
(#27636115)
> innovation stagnates in these monopolies
Bell Labs managed to come up with a couple of interesting things, though.
Re:Why Did Congress Just Vote to Break Up Big Tech?
by snicker7 on Friday June 25, 2021 @04:50PM
(#27636088)
We also lost Bell labs.
Re:Why Did Congress Just Vote to Break Up Big Tech?
by wittycardio on Friday June 25, 2021 @05:01PM
(#27636225)
Google and Facebook are amongst the most important sponsors of scientific research in the world. Why would you want to destroy that. The internet is a winner take all industry , all things considered the current winners are pretty good. Why ruin that for narrow political goals
Re:Why Did Congress Just Vote to Break Up Big Tech?
by iammisc on Friday June 25, 2021 @05:32PM
(#27636534)
> all things considered the current winners are pretty good
Quite literally, the representatives of >50% of the country disagree with you.
Re:Why Did Congress Just Vote to Break Up Big Tech?
by wittycardio on Friday June 25, 2021 @06:05PM
(#27636831)
Yeah for the political reasons outlined by the original posters. I happen to think those are bad reasons , me being in the minority does not necessarily make me wrong
Re:Why Did Congress Just Vote to Break Up Big Tech?
by dnissley on Friday June 25, 2021 @05:51PM
(#27636709)
How much consideration do you think the average representative put into their decision?
Re:Why Did Congress Just Vote to Break Up Big Tech?
by iammisc on Friday June 25, 2021 @07:39PM
(#27637573)
Quite a bit I'd imagine. Many have been talking about this for months
Re:Why Did Congress Just Vote to Break Up Big Tech?
by dnissley on Friday June 25, 2021 @09:08PM
(#27638089)
Extraordinary
Re:Why Did Congress Just Vote to Break Up Big Tech?
by WalterBright on Friday June 25, 2021 @05:03PM
(#27636248)
The government made it illegal to compete with AT&T. Their monopoly position was not the result of free market capitalism.