this post was submitted on 27 Jul 2023
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Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined

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[–] mx_smith 99 points 1 year ago (1 children)

Yeah remember when they were going to break up Microsoft? That went great.

[–] chuckleslord 30 points 1 year ago (1 children)

Yeah, there the FTC was with a clear market that Microsoft would have a monopoly over should the merger go through. They had Microsoft on the ropes, but, before they could finish them, Microsoft pinky promised prices wouldn't go up. And that was that, no threat of a monopoly and the merger could go through.

... the current antitrust ruling guidelines make enforcement basically impossible.

[–] Eldritch 28 points 1 year ago (1 children)

It was more that George w Bush was elected. And cracking down on monopolies is against the code of fascists. Ideally they want to be in charge of all the monopolies. So he more or less called off the suit just as they were about to close in on Microsoft.

[–] chuckleslord 2 points 1 year ago (1 children)

I meant the Microsoft Activision Blizzard fiasco, I guess I didn't realize.

[–] Eldritch 1 points 1 year ago

Oh yes that too. Microsoft is always been bad though. Always will be always has been.