- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
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Isn’t this not possible considering that the U.S Supreme Court threw out the Chevron Doctrine?
It’s the courts themselves that would have to break them up, so it’s not an issue there. It’s just a very high bar to clear because the courts don’t care about anticompetitive practices unless it has a detrimental effect on the consumer. You’d be hard pressed to argue that things like YouTube and Gmail coupled with the cloud service, the ad service and the phone service are causing actual harm to the consumer that competition wouldn’t. I don’t see how YouTube would survive in its current form if it used third party ads, hosting, and CDN. That said, I wouldn’t be sad to see it burn in a fire either.
Wake me up when (if) something ever actually happens.
I’ll believe it when I see it.
Good. But let’s not pretend they won’t merge back like what the Baby Bells did back in the early aughts.
What about a BlackRock break-up
They get around it I think because they never seem to buy more than 45% shares… just they literally own a percentage of damn near every company
- Aetna CVS Caremark
- Cigna Express Scripts
- fucking ticketmaster
- Kroger (and they want to merge AGAIN?)
Let’s start here for now
TM is low on my list. Healthcare, Amazon, Google as top priorities.
This is why I’m excited to vote for a democrat. Does anyone think Trump wants to pursue all these cases? Nah. First thing he’ll shut down is everything that might save us a dollar.
Doubt they’re going to rehire Barr after he refused to fuck around with the elections, but good point.
I’ll be ecstatic if that happens, but I won’t hold my breath. It should have been done a long time ago for so many mega corpos, but here we are.
If they ruin Google Fiber I will personally de-bone every one of those motherfuckers.
Municipal fiber is better. Internet should be a human right anyways
Didn’t Google already break up? It’s called Alphabet now.
You do know you’re not obligated to say the most retarded shit you can think of at all times, right?
Dumbass do you realize that in 2015 they completely restructured Google specifically to avoid claims of antitrust?
What happened illegally between 2015 and now that thwarted Google’s plan?
They restructured so the split would be easier IF it came.
Shit or get off the pot.
DoJ is edging y’all too hard here
I will believe it when I see it
They have the concept of a antitrust breakup.
Considering
Investigating
Discussing
Will put forward a possibility of
Listen, its this government or we go with the GOP version where its just the MOVE bombing every couple of weeks, while the DOJ issues briefs about busting open a child’s testicles to get information out of his father.
Do Nothing or Do Something Awful. Those are your choices.
The trail went really really badly for Google. I know it’s trendy to be all nihilist with regards to government competence but they’d make way more other powerful corporations angry if they didn’t break up Google.
Agreed.
No f’in way this happens, especially not in the same week when Kamala Harris goes on national TV to say she’s a capitalist.
With that said, I still hope they try. It should be inconvenient at least to run a monopoly.
breaking up giant corps is how you keep capitalism running.
especially not in the same week when Kamala Harris goes on national TV to say she’s a capitalist.
You can rest assured that that is a meticulously prepared statement to curry favor and win elections in specific areas, and nothing to do with her personal ideology or how she will run things as President.
I’d love to believe that, but Democrats have ruled as pro-corporate assholes for 40 years now. The last Dem we had with the balls to oppose corporate rule was LBJ.
Look, I’m voting for Harris, and even as a leftist I’m half excited by it. But let’s not pretend a mainstream democratic party politician is anything other than a capitalist. She might have good policy ideas, ones that will genuinely help people, but she’s still a capitalist.
Sure, I’m just saying that her saying that on TV is meaningless.
It should be inconvenient at least to run a monopoly.
The our government can do is make mega corpos pay lawyers … So at least we got some extra jobs out of it 🤡
Since they are creating extra jobs shouldn’t government reward them with state aid for it?!
Google saw this coming years ago. That’s why they restructured, clearly defining their different services, and became Alphabet.
How?
When?
As much as I want this to happen, I fear it’ll drag on for years and then never happen or end up watered down where they split the company and manage them independently (a bit like BT in the UK but still owned by Alphabet.
It might happen if Harris wins
Did she say as much or are you guessing?
I’m guessing this because the current investigation is happening under Biden and she is likely to have similar basic antitrust goals for DOJ.
I’m certain that it won’t happen if Trump is elected because he’s anti-regulation in general and specifically he’s extremely corrupt and easily bribed.
Trump will probably give them more money to be a monopoly.
The last major antitrust action on this scale in the U.S. 8 years to process.
https://en.m.wikipedia.org/wiki/Breakup_of_the_Bell_System
This type of lawsuit is why the billionaire bro’s are backing the senile rapist and felon. Making them play somewhat fair ruins their business plan.
A big part of the “Cheney family endorses Harris” push has been corporate flacks racking up favors with the Dem side of the aisle so Harris can replace her cabinet with people who are more business-friendly in the next term.
They’re playing both sides. This isn’t just “Trump Wins: Things Get Worse” / “Harris Wins: Things Stay The Same Amount of Bad”.
A major issue for the US is that when the president changes, the DOJ can simply elect to stop processing the suit. It’s hard to get 8 years of uninterrupted movement on an action like this.
Msft under W for instance.
Yeah I will believe it when I see it. I’m not convinced that actual Teddy Roosevelt-style “trust busting” is something that is even possible in the modern US.
Excellent! Break them up.
