Oh but they promised! Darn. If only there was some way to regulate corporations.
If only there was some way to regulate corporations.
It’s called the Sherman Antitrust Act, and it’s why this promise was made and why the FTC cares about it now.
But DO they really care about it? Or is this just to placate the plebs again?
I’ll know they care when they actually manage to do something about it.
This FTC is incredibly aggressive. Lina khan is the head, a person who made waves in academia by basically redefining antitrust laws in the digital age, with a specific animus for Amazon. Shes led the FTC teeth forward:
During her tenure, the FTC has pushed to ban non-compete agreements, filed lawsuits against health care companies engaging in anti-competitive practices, and launched a high-profile lawsuit against Amazon.[3] In 2022, the FTC and the DOJ’s anti-trust division blocked a record number of mergers on anti-trust grounds.[4] ABC News described her as taking a more aggressive approach on anti-trust, and earning some conservative supporters during her confirmation and tenure.[1]
Isn’t this exactly what Chevron Deference was about? I don’t know how clearly defined the law actually is, but this seems like a prime case for the rubber stamp SCOTUS to jump on and say “actually according to a pig shit farmer from 9500bc the law was meant to mean that monopoly power is awesome.”
Three companies that are shit and always have been why would you trust them? The US needs to break the backs of corporations now. Vote and write letters to Congress. It works, it always has. These companies deserve to get dragged through hot coals.
Were there not contractual obligations with clear boundaries and penalties? Surely it wasn’t just a “promise”?
Never should have allowed the merger to begin with. Break them up. Everyone involved in the merger barred from working in the industry for life.
“We had our fingers crossed!!! Haha!”
I’m shocked they’re shocked lol
