Hacker Read

thomastjeffery · 2021-12-22 13:07:47

You're almost there. Companies that aren't competitive should be broken up.

rgrieselhuber | karma 7733 | avg karma 3.92 · | 2020-07-07 19:13:09+00:00

These companies need to be broken up.

fiatjaf | karma 3878 | avg karma 0.9 · | 2017-04-22 20:29:07+00:00

It's time to stop breaking up any companies.

TheCoelacanth | karma 7988 | avg karma 1.71 · | 2021-08-22 08:18:52

To be fair, the companies you've listed need to be split up too.

hueving | karma 14605 | avg karma 3.02 · | 2017-07-26 22:23:32+00:00

I'm curious, what leads you to think that super successful companies should be broken up if they aren't engaging in anti-competitive practices?

aeternum | karma 4563 | avg karma 2.24 · | 2021-12-22 13:18:49

They don't even need to be broken up. Anti-competitive mergers just need to be prevented.

axaxs | karma 7169 | avg karma 3.91 · | 2019-03-26 20:40:37

Would you argue they should be broken up? Asking honestly, I don't really have a strong opinion. On one hand, I don't like the idea of punishing companies for their success. On the other, the barrier to entry has become too high for anyone to make a dent, giving them alone effective control over whether or not your company succeeds.

octacat | karma | avg karma · | 2023-11-20 05:17:33

And that is why these giant companies should be split apart.

kevmo | karma 1476 | avg karma 3.85 · | 2019-03-08 16:30:09+00:00

"But we need to do X first!" is not a good reason to not do Y, a different-but-still-good thing. All of these companies need to be broken up, and the Department of Justice Anti-Trust division has enough employees to do it.

These monolithic companies are sucking up all of the power in our economy and have destroyed the competitive markets. As the Economist recently said "Profits are too high. America needs a giant dose of competition." https://www.economist.com/briefing/2016/03/26/too-much-of-a-...

Capitalism without competition isn't really capitalism, but feudalism.

reply

snapplebobapple | karma 1168 | avg karma 1.13 · | 2023-05-03 19:24:27

Time to break them up into at least 3 companies and be done with it.

aschatten | karma 69 | avg karma 0.93 · | 2020-11-14 07:21:35+00:00

Why break up though? I believe there are ways to allow smaller companies compete against giants efficiently.

amrocha | karma 1197 | avg karma 1.71 · | 2023-10-22 18:19:36

I disagree, there's plenty of ways of doing that without breaking up companies

Gareth321 | karma 4067 | avg karma 5.71 · | 2022-04-02 05:40:55

They should, and in the past, legislators had the intestinal fortitude to break up companies of this size. It's clear to everyone that they're stifling competition at this point.

juve1996 | karma 726 | avg karma 1.53 · | 2022-11-10 16:03:41

The problem is companies are so big and consolidated now that competitors can't as easily come in and existing competitors were bought out.

eli_gottlieb | karma 9637 | avg karma 1.3 · | 2018-06-06 15:30:35+00:00

We should break up most of them. Conglomerates and market concentration are bad for innovation and competition in general.

kaliali | karma -17 | avg karma -0.24 · | 2020-09-22 20:03:28+00:00

Break them up. There should be more competition in this industry.

nixpulvis | karma 3491 | avg karma 2.1 · | 2021-04-29 22:02:12

These should be separate companies.

iraqmtpizza | karma -20 | avg karma -0.04 · | 2024-02-27 08:03:51

or we could just break up companies involved in anti-competitive practices regardless of their size. you know, rule of law and stuff

ronnier | karma 5445 | avg karma 4.72 · | 2020-06-12 14:23:51+00:00

Sure, break them up and eventually get replaced by even larger Chinese companies that you can’t break up.

sledgehammers | karma 116 | avg karma 1.81 · | 2023-05-30 12:03:46

Let's break up this company then. Too big.