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Is Warren correct? Should they be broken up? Like was done with the oil companies decades ago?
[bbc.com]

#oil
ToolGuy 9 Mar 9
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Level 7

Oil companies broken up decades ago? I remember AT&T being broken up. I have no objection to corporate growth, but it may be a reasonable compromise to put some type of cap on that growth when it becomes too big.

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Level 7

Oil companies broken up decades ago? I remember AT&T being broken up. I have no objection to corporate growth, but it may be a reasonable compromise to put some type of cap on that growth when it becomes too big.

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Level 8

Whoever thought business would start to control our thoughts?

To decide what we can say?

Break them down.

2

Level 8

This is a real tough one. I don't believe Google/Facebook/Amazon are engaging in the same type of activities as Standard Oil was in the late 19th century.

It's a very different world.

You create the best search tool, and everyone will use it.
You create the best social media site, and everyone will use it.
You create the best online shopping site, and everyone will use it.

If they break them up, people will probably all gravitate to the best portion of what is left over after the Google breakup, the Facebook breakup, and the Amazon breakup.

BD66 Level 8 Mar 9, 2019
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Level 9

Monopolies shoud be broken up, or if that would hurt the economy too much, then they need to be highly regulated and have a great deal of oversight to prevent an abuse of power with anti-competitive practices.

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