It’s damned hard to prove an antitrust case: so often, the prosecution has to prove that the company intended to crush competition, and/or that they raised prices or reduced quality because they knew they didn’t have to fear competitors.
It’s a lot easier to prove what a corporation did than it is to prove why they did it. What am I, a mind-reader? But imagine for a second that the corporation in the dock is a global multinational. Now, imagine that the majority of the voting shares in that company are held by one man, who has served as the company’s CEO since the day he founded it, personally calling every important shot in the company’s history.
Now imagine that this founder/CEO, this accused monopolist, was an incorrigible blabbermouth, who communicated with his underlings almost exclusively in writing, and thus did he commit to immortal digital storage a stream – a torrent – of memos in which he explicitly confessed his guilt.
Ladies and gentlepersons, I give you Mark Zuckerberg, founder and CEO of Meta (nee Facebook), an accused monopolist who cannot keep his big dumb fucking mouth shut.
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Wouldn’t it be fun if one day a year every billionaire had to go without bodyguards ?
Do you think the rest of the year they would act differently?
The only crime he committed was not bribing the Trump administration enough to stay off the anti-trust radar. I hope they burn it all to the ground.
Are you implying that he bribed the previous administrations, as nothing happened until now?
The initial suit was brought in December 2020. These things don’t happen over night.
Well, FOIA requests revealed Facebook was extremely cooperative with both enacting government censorship requests, and keeping them secret, when those same censorship requests would have been utterly illegal if they were an official order, so…
Some deal like “You give us control over information and we leave your monopoly alone”, even unspoken, seems to be the gist of it.
I’m not implying anything. I’m outright saying that the US government is corrupt enough to take kickbacks by corporations for political favors. I’m also saying Zuck didn’t bribe Trump’s admin enough (i.e. donations to his inaugural fund) to get away with their bullshit.
There’s still time to bribe the old man.
I’d say the crime he committed was thinking Trump would keep his promise even after bribing him.
How anyone can trust this motherfucker is beyond me.
More like Facebook worked overtime to tip the 2020 election towards Biden and Trump is still mad about it.
Trump famously likes to fuck his “friends’” wives and make them listen when he calls the wife and reveals it.
Don’t propagate his lies, there is no evidence that ever happened. Being that chud is the definition of unfuckable other than his money, and his ‘friends’ are also rich, there is close to 0 chance.
Yes, all sex he has is transactional. He’s not seducing anyone.
He was frat boy passable 60 years ago, and even then he wasn’t fucking anyone’s wives without cash crossing palms.
Trump declared moral bankruptcy decades ago.
Proof that rich does not mean smart
You love to see it
He’s smart, but not wise. When you don’t know everything and don’t know what you don’t know, you act carefully. When it comes to the law, you should be extra careful and he should have had attorneys that advised him again putting this shit in writing.
Lol this is the typical takeaway. A better result would be to not engage in illegal practices and then it doesn’t matter if you put it in writing, but that’s not how you become a billionaire.
I’m with you. For the record, I was not advising people to act unethically, just surprised he wasn’t better at it.
I mean, every time we hire a new manager (not high level mind you) we tell them that whatever they communicate digitally, they better be comfortable with it being read in court.
Billionaires really have fuck you level of money. They just don’t care to think at all, and they’re okay with that. Gross.
Lmao
What’s even funnier is that he’ll pay a relatively insignificant fine, and be able to continue and profit from the monopoly.
Corporate dictatorships masquerading as “democracy” is FUN!
Blessed be the profit margins. May the lord open.
It’s very hard to actually get a company broken up and I can’t remember ever seeing it happen. But when your antitrust case is judged against you, they don’t just charge you a fine and say “on your way now.”
i only know of this because I did an internship at AT&T https://en.m.wikipedia.org/wiki/Breakup_of_the_Bell_System
The ATT orientation video about that is hilarious. It shows how Ma Bell was broken up, and then it just circles back around to it coming back together. On a map, with arrows lol
Yeah, Ma Bell breaking up into the Baby Bells is the only real example I can think of, and even they came back together later (though, by then, there was enough diversity in the market that they couldn’t reclaim the level of market dominance they once had)
Yeah somehow Microsoft dodged it in 2001 which is pretty mind-boggling because they were supreme at that point
Yeah office should have been split and MSN too. But we have had oligarchs calling the shot for eons.
Zuck emailed Facebook execs, writing:
[Instagram’s growth is] really scary and why we might want to consider paying a lot of money for this.
Wait…I haven’t been following the story. Why is him buying Instagram a bad thing legally?
You can’t buy a company with the intent to stifle competition.
They tried to compete with insta and failed, and he was concerned with insta’s potential to create features that compete with fb.
He then said the plan was to invest as little as possible in insta and only add features if competition sprouted up.
Buying your competitors is a pretty monopolistic practice
Truly one of the greatest cover images of all time
…did they lose already?
Only way this would matter is if they were forced to sell or spin off Instagram and Whatsapp.
It would be very strange at this point to not see him be forced to spin them off. I mean, this is the trump admin. Anything is possible, but this is egregious (and also it would benefit musk if he was forced to do so)
