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re: Anti-trust laws have been used for AT&T, MS, Std Oil. Why not Google, Facebook, etc.?
Posted on 10/30/17 at 11:21 pm to Ag Zwin
Posted on 10/30/17 at 11:21 pm to Ag Zwin
Those anti-trust laws are nothing but a shibboleth. When the chips are down, they only stall things for so long. The long term trend continues to be to increased collusion and consolidation. The number of companies responsible for delivering information, communication, and entertainment in this country continues to plummet. If one added up the parent companies of 90% of terrestrial radio stations, newspapers, and cable tv networks, plus the largest search engines, internet service providers, cable companies, mobile phone carriers, record labels, and movie studios, you're looking at not even 2 dozen companies, and every year, that number seems to drop.
Regulation always favors the big and trends towards the few.
Regulation always favors the big and trends towards the few.
3
Posted on 10/30/17 at 11:26 pm to kingbob
I think it worked with Standard Oil and AT&To. In the case of the latter, it's just that this industry has completely changed now.
Microsoft was less effective. They broke themselves up by being late to the internet party.
I see the problem being their power over the authorities. If you pissed of Rockefeller, what was he going to do? Call every gas station and say don't sell you gas?
Google, on the other hand, knows all your porn surfing, and can make up whatever they need. Huge coercion power.
Microsoft was less effective. They broke themselves up by being late to the internet party.
I see the problem being their power over the authorities. If you pissed of Rockefeller, what was he going to do? Call every gas station and say don't sell you gas?
Google, on the other hand, knows all your porn surfing, and can make up whatever they need. Huge coercion power.
Posted on 10/31/17 at 12:09 am to kingbob
quote:
Regulation always favors the big and trends towards the few.
Posted on 10/31/17 at 12:23 am to kingbob
quote:
The number of companies responsible for delivering information, communication, and entertainment in this country continues to plummet. If one added up the parent companies of 90% of terrestrial radio stations, newspapers, and cable tv networks, plus the largest search engines, internet service providers, cable companies, mobile phone carriers, record labels, and movie studios, you're looking at not even 2 dozen companies, and every year, that number seems to drop.
Comcast bought NBC and tried to buy Time Warner. After the merger failed, Charter ending up buying Time Warner. AT&T just bought DirecTV and are attempting to buy a separate division of Time Warner (not the one Charter bought). T-Mobile and Sprint are in the process of merging and Charter is now talking to Cox about a merger.
shite's out of hand. Before long we will have one super company owned by Comcast.
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