Hacker News new | past | comments | ask | show | jobs | submit login

We also broke up Ma Bell back in 84 and it looks like they are on their way to fully reuniting as an even larger monopoly.

https://i.imgur.com/rMFqmbt.jpg

https://www.motherjones.com/politics/2019/03/att-time-warner...




Ma Bell wasn't created naturally at all. It's monopoly status was granted by the federal government. This is fundamentally different from Facebook, Amazon, etc. If anything, the large ISPs like ATT, Verizon, and Spectrum should be looked at, but solving the problems of ISP monopolization will take a lot more than just breaking up territorial monopolies into smaller territorial monopolies.


Why does it matter whether a monopoly is "natural" or not, let alone that the definition of "naturally" is sort of laughable given the legal framework put in place for our government is the economy in the first place? Just as you get a lot of government run monopolies with pure socialism, you get a lot of "market-driven" monopolies with pure capitalism. Both should be broken up.


The point is that they're caused by different processes, and the steps to ensure that it doesn't happen again after you break them up are also very different because of that.


That's a different failure. The government should have never allowed for the subsequent mergers.


The price of liberty is eternal vigilance.


I agree. I don't understand the point of temporarily busting monopolies. With Bell, forcing them to diversify seems to have only made them stronger.


The US also broke up Ma Bell in 1956, forcing the spinoff of Bell Canada and Caribbean operations, and before that in 1925, breaking off other international operations into ITT.


Imagine how much of a larger monopoly they would be now if they were never broken up in the first place.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: