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

  • the_crotch@sh.itjust.works
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    13 days ago

    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

      • the_crotch@sh.itjust.works
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        13 days ago

        Well this process also spawned Verizon, so they do have legitimate competition now and that’s what matters to antitrust actions

        • DacoTaco@lemmy.world
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          13 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