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

  • julianwgs@discuss.tchncs.de
    link
    fedilink
    English
    arrow-up
    21
    ·
    1 month 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
      link
      fedilink
      English
      arrow-up
      20
      arrow-down
      2
      ·
      1 month 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

        • the_crotch@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          7
          ·
          1 month 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
            link
            fedilink
            English
            arrow-up
            2
            ·
            edit-2
            1 month 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