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this post was submitted on 28 Jul 2025
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Microblog Memes
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Famously Americans did the splitting thing once before with Standard Oil and it was immensely beneficial to the economy in general. Just checked the wiki and it was more than 100 years ago. Unlikely the same laws are still on the books.
There are several companies currently active that deserve the same treatment.
Hey we did the same thing with AT&T! Split them into a bunch of smaller companies which then merged back together after a few years...shit...
We also nationalized several enormous companies with arguably excellent results (ConEd, Amtrak, the post-WWI FRA).
The same laws are still on the books, actually! We just never use them anymore.
The big one is the Sherman Anti-trust Act.