We did, and then allowed them to consolidate again, under influence from lobbyists and biased economists.
The anti-trust legislation is still in force, but it needs participation from the Justice Department, which is systematically neglecting its duty.
It is not against the law to have a monopoly, but when you choose to have one you become subject to a body of law that monopolies are supposed to observe. But that body of law has been chipped away at in the courts, as the Public Interest is only fitfully represented.
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We've at least tried to break up the telecom one before?
We did, and then allowed them to consolidate again, under influence from lobbyists and biased economists.
The anti-trust legislation is still in force, but it needs participation from the Justice Department, which is systematically neglecting its duty.
It is not against the law to have a monopoly, but when you choose to have one you become subject to a body of law that monopolies are supposed to observe. But that body of law has been chipped away at in the courts, as the Public Interest is only fitfully represented.
Possibly making Sherman[1] into a function that gets applied annually at the Fortune 500 level?
[1] https://en.m.wikipedia.org/wiki/Sherman_Antitrust_Act_of_189...