Absolutely, Google is also following suite! This has been the tried and tested model. With the case closer to home with Safcom, what's lost on most is that a less dominant entity will create more players, more jobs, lower tax rates and increased tax revenue by the government. Microsoft for the longest time propped up Apple financially because they knew how important Apple was to their own success in the long-term! Eric On Thu, Dec 10, 2020 at 11:58 AM Rafe Mazer via kictanet < [email protected]> wrote:
If you want to compare this to a case from US History, AT&T breakup is a much more relevant and recent case.
On Wed, Dec 9, 2020 at 11:59 PM Ali Hussein via kictanet < [email protected]> wrote:
Alice
Thanks for sharing. This lawsuit recommends the break up of Facebook.
My humble opinion below.
These are extreme measures by lazy Policy Makers and Regulators who have a political ax to grind.
History has shown that breaking up companies is not a solution. The breakup of Standard Oil in 1911 should have taught everyone a lesson. The solution is Policy and Regulatory interventions that stop companies from behaving like it's the Wild Wild West. Here are a few thoughts:-
(1) Stop acquisitions that create unholy moats around companies. (2) Heavy fines for misbehaving in the marketplace. Like the Kill Zones <https://www.bloomberg.com/opinion/articles/2018-11-07/big-tech-sets-up-a-kill-zone-for-industry-upstarts> for startups that Big Tech has created. Heavy fines that would impact their balance sheets. ile iwe funzo, not a few billion dollars that amount to a rounding error in their balance sheets. (3) Ban executives who misbehave from ever working in the industry again. (4) Initiatives to limit State Capture by these corporations.
My two cowrie shells.
*Ali Hussein*
Digital Transformation
Tel: +254 713 601113
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim <http://ke.linkedin.com/in/alihkassim>
Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with.
On Thu, Dec 10, 2020 at 12:49 AM Alice Munyua via kictanet < [email protected]> wrote:
Very interesting case
https://www.ftc.gov/system/files/documents/cases/1910134fbcomplaint.pdf
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