The U.S. Department of Justice will ask a judge to force Alphabet's Google to sell off its Chrome internet browser, Bloomberg News reported on Monday, citing people familiar with the plans.
Note: Original report by Bloomberg, article by Reuters proxied by Neuters to bypass paywall.
Lit. It’s a good ask although it’s not clear what separation means here. Not going to hold my breath, the big corpos seem to usually win these kind of games.
Thanks to this thread TIL it was one of the few serious competitors to ATTs monopoly.
Southern Pacific Communications and introduction of Sprint
Sprint also traces its roots back to the Southern Pacific Railroad (SPR), which was founded in the 1860s as a subsidiary of the Southern Pacific Company (SPC). The company operated thousands of miles of track as well as telegraph wire that ran along those tracks. In the early 1970s, the company began looking for ways to use its existing communications lines for long-distance calling. This division of the business was named the Southern Pacific Communications Company. By the mid 1970s, SPC was beginning to take business away from AT&T, which held a monopoly at the time. A number of lawsuits between SPC and AT&T took place throughout the 1970s; the majority were decided in favor of increased competition.Prior attempts at offering long-distance voice services had not been approved by the U.S. Federal Communications Commission (FCC), although a fax service (called SpeedFAX) was permitted..
In the mid-1970s, SPC held a contest to select a new name for the company. The winning entry was “SPRINT”, an acronym for “Southern Pacific Railroad Internal Networking Telephony”.
If they split Google, MS, Apple, Meta and Amazon all simultaneously, with some condition for the splinters to not merge back, and that contaminating the results of their allowed mergers, there may be good outcomes.
Or there may not. It’s about people, not laws, after all.
Lit. It’s a good ask although it’s not clear what separation means here. Not going to hold my breath, the big corpos seem to usually win these kind of games.
Chrome is now owned by a company, owned by a company, owned by another company, that is owned by Google.
And even in the case where there is actual separation, and competition, it will only be temporary!
Why doesn’t this have sprint?
Sprint was not a splinter of ATT.
Thanks to this thread TIL it was one of the few serious competitors to ATTs monopoly.
If they split Google, MS, Apple, Meta and Amazon all simultaneously, with some condition for the splinters to not merge back, and that contaminating the results of their allowed mergers, there may be good outcomes.
Or there may not. It’s about people, not laws, after all.
Chrome is now owned by a separate conpany with the same major stock holders.
It’s like they’re a company pretending to be another company, disguised as another company. Tropic Thunder all the way down.