this post was submitted on 08 Nov 2023
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I'm hoping most of big tech and media get broken up
It's just hope though.
Unlikely since the FTC keeps letting them merge.
And it's not just tech. Pretty much everything you buy is from a brand that's owned by one of a handful of companies.
I mean that's not really true. The new FTC chair literally got the position by writing a paper on why Amazon should be broken up, and has raised numerous cases to stop recent M&A activity. One Meta/FB acquisition of a VR company, the Microsoft Blizzard/Activision buyout, among others. They've been shut down a lot by the courts.