I wholeheartedly agree that monopolistic practices should be nuked instantly, but I disagree that this was ever well enforced. Microsoft got away with murder in the 90’s before they went to court and even then, feels like they got a slap on the wrist…
I think that this particular case is very far from that, but it does start to smell the same.
You should study about the trustbusting era of early 1900s. Then in the late 70s a new law reinforced antitrust legislation.
The issue is that the pendulum swings fast away from trustbusting and slowly back to it. Trustbusting creates economic development and prosperity, reducing public outcry for it, and capitalists yank the levers of government again towards monopoly building.
You mention the nineties, by even then Netscape successfully challenged Microsoft. But it was too little too late. The pendulum was already swinging back to monopoly, and it’s reaching it’s maximum in our days.
I wholeheartedly agree that monopolistic practices should be nuked instantly, but I disagree that this was ever well enforced. Microsoft got away with murder in the 90’s before they went to court and even then, feels like they got a slap on the wrist…
I think that this particular case is very far from that, but it does start to smell the same.
You should study about the trustbusting era of early 1900s. Then in the late 70s a new law reinforced antitrust legislation.
The issue is that the pendulum swings fast away from trustbusting and slowly back to it. Trustbusting creates economic development and prosperity, reducing public outcry for it, and capitalists yank the levers of government again towards monopoly building.
You mention the nineties, by even then Netscape successfully challenged Microsoft. But it was too little too late. The pendulum was already swinging back to monopoly, and it’s reaching it’s maximum in our days.