Hilariously shortsighted. Breaking up Standard Oil created wildly competitive in... | Hacker News

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		kibwen on Oct 9, 2024 \| parent \| context \| favorite \| on: US weighs Google break-up in landmark antitrust ca... Hilariously shortsighted. Breaking up Standard Oil created wildly competitive industries and launched Rockefeller's wealth into the stratosphere. Big Tech is a rent-seeking middleman that chokes the life out of innovation.

mandibles on Oct 9, 2024 [–]

Standard Oil had already lost a huge portion of its market share when the forced breakup finally happened.

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