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by AtlasBarfed
660 days ago
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AT&T was a breakup within a utility. Huge problem to have entrenched advantage and regulatory capture of phone lines. AT&T doesn't make money off of POTS or long distance land lines anymore. It's cable and mobile, so the the new company is nothing like the old one. I agree it is depressing the degree to which our government is incapable of breaking up monopolies and restricting/penalizing anticompetitive behavior. It's just another aspect of near total political control by corporations in America. But the laws are on the books, they are just going unenforced by DOJ, and the shadow money system that buys judicial favor in virtually all corporate cases. |
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