• riodoro1@lemmy.world
    link
    fedilink
    arrow-up
    15
    arrow-down
    6
    ·
    edit-2
    6 months ago

    The power of the government to force the breakup, dissolution, or divestment of corporate entities is the basis of US antitrust law, and is well established.

    Unless of course the monopoly holder is an american corporation. Then it’s a good monopoly. We’re living in the next gilded age simply because people “forgot” monopolies are bad and those laws remain unused against giants like google, amazon, meta and many many more.

    • HelixDab2@lemm.ee
      link
      fedilink
      arrow-up
      11
      ·
      6 months ago

      Are you forgetting that there are currently antitrust lawsuits going against both Amazon and Google? The current administration is absolutely in favor of breaking up monopolies, regardless of where the company is.

      • riodoro1@lemmy.world
        link
        fedilink
        arrow-up
        3
        arrow-down
        5
        ·
        edit-2
        6 months ago

        the current administration will go and somehow big corpos will prevail. The politicians only do what the rich allow them to do. The US even has legal corruption.

        • HelixDab2@lemm.ee
          link
          fedilink
          arrow-up
          2
          ·
          6 months ago

          If the current administration loses in November, then yeah, it’s pretty likely that Apple, Google, and Amazon will continue to amass more power.

          Sounds like a pretty solid reason to vote for retaining the current administration, yeah? Some check on power v. no check on power?