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.
I mean it’s nice that he had a bad day, but ain’t shit gonna happen other than the legal fees.
None of which affects his bottom line regardless as the company itself absorbs the loss. He can run his mouth and it’s 10k jobs that get cut and everyone else works that much harder to keep up.
People that wield so much power without consequence or control is everything that is wrong with everything.
Please, please, make them sell WhatsApp.
To a non US company please.
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.
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.
Trump declared moral bankruptcy decades ago.
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.
There’s still time to bribe the old man.
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?
If you buy all the competition, you can set the price/rules.
Buying your competitors is a pretty monopolistic practice
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.
That makes sense.
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
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.
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)
Truly one of the greatest cover images of all time
…did they lose already?
