781
Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one (www.techspot.com)
submitted 3 years ago by [M, B] to c/technology@lemmy.world
127 comments fedilink hide all child comments
 

Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined

you are viewing a single comment's thread
view the rest of the comments
[–] 99 points 3 years ago (4 children)

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

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 30 points 3 years ago (3 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.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 28 points 3 years ago (2 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.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •