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

    • chuckleslord@lemmy.world
      link
      fedilink
      English
      arrow-up
      31
      arrow-down
      1
      ·
      1 year ago

      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.

      • Eldritch@lemmy.world
        link
        fedilink
        English
        arrow-up
        30
        arrow-down
        2
        ·
        1 year ago

        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.

      • Whirlybird
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        Yeah, there the FTC was with a clear market that Microsoft would have a monopoly over should the merger go through.

        Which merger are you referring to here?