this post was submitted on 18 Nov 2024
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Note: Original report by Bloomberg, article by Reuters proxied by Neuters to bypass paywall.

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[–] [email protected] 18 points 1 week ago (2 children)

The US did this to AT&T. It was broken up into dozens of "baby bells". Then it gradually bought them all back up and now it's as big as it ever was

[–] [email protected] 9 points 6 days ago

Bell telephone. AT&T was one of the resulting companies.

[–] [email protected] 9 points 1 week ago (1 children)

Thats stupid of the US to not block the merges again then.. :p

[–] [email protected] 7 points 6 days ago (1 children)

Well this process also spawned Verizon, so they do have legitimate competition now and that's what matters to antitrust actions

[–] [email protected] 2 points 6 days ago* (last edited 6 days ago)

Very true, but in due time verizon could also be bought. Hence fcc should technically block it, like the nvidia and arm merge.
Or microsoft and activision ( which was heavily contested ).
Both were heavily contested worldwide