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by WastingMyTime89 1106 days ago
> The breaking up of monopolies used to be in the toolbox of American antitrust policies, back when America enforced antitrust legislation on its own companies.

The US Justice Department sued Google in 2020 and is asking for pretty much the same disinvestment for pretty much the same reasons. The EU is trailing the US by two years here.

I'm eagerly awaiting the trove of patriotic comments which will undoubtedly follow the posting of such an article and will most likely entirely miss the point as usual.

1 comments

> The US Justice Department sued Google in 2020 and is asking for pretty much the same disinvestment for pretty much the same reasons.

While true, 2.5 years later there is still no action. In that same time period, the E.U. released the largest anti-monopoly technology law in its history, the Digital Markets Act. This will take effect near the end of the year and impact all major tech companies. I think it's clear that U.S. antitrust is ineffective at present.

They’re advancing in spurts - a few events this year. Remember when the justice department suggested that google sell its buy side advertising unit, and somehow “what if we just spun it off into its own Bet?” got proposed. Good times. Perhaps the most brazen “FU” from google lawyers in the history of the company