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 day 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

[–] Inucune 9 points 1 day ago

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

[–] DacoTaco 8 points 1 day ago (1 children)

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

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

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

[–] DacoTaco 2 points 23 hours ago* (last edited 23 hours 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