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Comment by ChrisNorstrom | Hacker News Reader

Give it time. This too shall pass.

So what? In the long run, we're all dead. Eventually, protons will decay.

"The market" doesn't do things. Saying that the market will take care of something is like saying the internet will take care of something; it requires a willful ignorance of the details.

Markets are human constructs designed to achieve particular ends. They have known failure modes and monopoly is one of them. There is no reason we need to sit around waiting for a monopoly to self-destruct, paying monopoly rents and having progress stifled in the meantime.

Yup, Standard Oil is coming back and so is Mother Bell.

Nah, Standard Oil isn't coming back. There are so many logistical nightmares and legal problems with merging two major oil firms that they won't want to repeat the process they went through ten years ago, nor will smaller firms be willing to buy the parts the DoJ forces the big guys to spin off. Just look at how Valero screwed itself by purchasing a good chunk of Exxon's California assets.

I don't think we'll see the domestic players merging but rather an increase in international joint ventures that effectively constitute a merger. Petrobras and Shell, TNK-BP and so forth.

So you think 300 years from now Ma Bell is still going to be around? Had I said my statement "This too shall pass" & "No strategy works forever" back in the 90s you guys would have said "Look at Microsoft, it's growing and growing".

Again, no strategy works forever, they work for varying lengths of time.

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