this post was submitted on 27 Jul 2023
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Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined

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[–] Corran1138@lemmy.world 233 points 1 year ago (3 children)

I will believe it when I see it.

[–] mx_smith@lemmy.world 99 points 1 year ago (1 children)

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

[–] chuckleslord@lemmy.world 30 points 1 year ago (1 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.

[–] Eldritch@lemmy.world 29 points 1 year ago (1 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.

[–] chuckleslord@lemmy.world 2 points 1 year ago (1 children)

I meant the Microsoft Activision Blizzard fiasco, I guess I didn't realize.

[–] Eldritch@lemmy.world 1 points 1 year ago

Oh yes that too. Microsoft is always been bad though. Always will be always has been.

[–] CriticalMiss@lemmy.world 47 points 1 year ago (2 children)

Hell, I won't believe it even when I'll see it. Likely some loophole will be found to dodge this in one way or another.

[–] jeffw@lemmy.world 9 points 1 year ago (1 children)

Not to be pedantic, but isn’t that the same as “I’ll believe it when I see it”? You’re just saying it won’t happen

[–] SpezCanLigmaBalls@lemmy.world 17 points 1 year ago

I think they’re saying even if this goes through amazon will find a way to ignore it

[–] TheBat@lemmy.world 4 points 1 year ago (1 children)

Telecom companies are back together, aren't they?

[–] LEDZeppelin@lemmy.world 6 points 1 year ago

Came here to say exactly this. Not going to happen.