this post was submitted on 08 Nov 2023
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Internet providers say the FCC should not investigate broadband prices (arstechnica.com)
submitted 1 year ago by CosmicTurtle to c/technology
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[–] PetDinosaurs 30 points 1 year ago (1 children)

I'm hoping most of big tech and media get broken up

It's just hope though.

[–] EatYouWell 18 points 1 year ago (1 children)

Unlikely since the FTC keeps letting them merge.

And it's not just tech. Pretty much everything you buy is from a brand that's owned by one of a handful of companies.

[–] yabai 2 points 1 year ago

I mean that's not really true. The new FTC chair literally got the position by writing a paper on why Amazon should be broken up, and has raised numerous cases to stop recent M&A activity. One Meta/FB acquisition of a VR company, the Microsoft Blizzard/Activision buyout, among others. They've been shut down a lot by the courts.