this post was submitted on 18 Nov 2024
616 points (98.7% liked)

Technology

59566 readers
3419 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] the_crotch@sh.itjust.works 18 points 2 days 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@lemmy.world 9 points 2 days ago

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

[–] DacoTaco@lemmy.world 9 points 2 days ago (1 children)

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

[–] the_crotch@sh.itjust.works 7 points 2 days 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@lemmy.world 2 points 2 days ago* (last edited 2 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