Let them fail. A hundred competitive companies will rise from the ashes.
Let them fail. A hundred competitive companies will rise from the ashes.
Look, I want to agree, but you're casting an awful lot of social disruption into play for probably a decade in a belief we get to a better place when agents of chaos like Musk and Bezos would like to feast on the carcase and grow ownership monopolies in them.
I don't personally think the most likely outcome of "let them fail" is a kinder better world.
And in a different pole, completely discrete and different arms for Europe and Asia. No transfer pricing allowed. No rush of licence cash back to the USA.
Not going to happen, for Google or Microsoft or Amazon. But if I had the judges wig I'd be forcing regional and I'd be forcing structural separation wholesale/retail.
Except it did. The eight RBOCs[0] created from the Bell System breakup have re-consolidated into just three gigantic telecoms[1] which include other, non-RBOC corporations as well.
As such, perhaps there's another example you could use. Standard Oil? But that's seen a lot of re-consolidation over the past 100 years too. So maybe there isn't a good example of a broken up monopoly not re-consolidating?
[0] https://en.wikipedia.org/wiki/Regional_Bell_Operating_Compan...
[1] https://en.wikipedia.org/wiki/Regional_Bell_Operating_Compan...
World wars caused things to fall apart too; didn’t prevent Bell consolidation.
We didn’t prevent religious over consolidation.
What’s going to stop people from undoing the mess now and remaking it
What a coincidence. Seemingly same outcome leaving it alone. But if you want to change the outcome of a system, you have to change something about it. I vote for change.
It will collapse. You only get to influence when it will collapse.