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submitted 6 days ago* (last edited 6 days ago) by Joker@sh.itjust.works to c/technology@lemmy.world

Note: Original report by Bloomberg, article by Reuters proxied by Neuters to bypass paywall.

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[-] julianwgs@discuss.tchncs.de 20 points 5 days ago

I‘ve actually when something like this will happen. A few years ago German energy providers and distributors needed to split, because it gives you an unfair advantage if you own both. Whole companies were split in two. People working for years together would no longer work together. In the end consumer were much better off after the split. I feel the same way with internet browser. It is unfair if you own the infrastructure (Chrome, energy grid) and the services that run on it (YouTube, power plants).

[-] the_crotch@sh.itjust.works 20 points 4 days ago

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

[-] Inucune@lemmy.world 9 points 4 days ago

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

[-] DacoTaco@lemmy.world 9 points 4 days ago

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

[-] the_crotch@sh.itjust.works 7 points 4 days ago

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

[-] DacoTaco@lemmy.world 2 points 4 days ago* (last edited 4 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

this post was submitted on 18 Nov 2024
601 points (100.0% liked)

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