The problem with this is Instagram and Facebook, etc. increasingly operate off the same code base and are no longer as institutionally silo-ed as they once were. What exactly would one be breaking off? https://twitter.com/reckless/status/1037023020794212353 …
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Replying to @reckless
I just think it would be substantially different than say, taking apart Ma Bell into a lot of regional bells, or steel trusts, etc.
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Replying to @reckless
I basically just want you to write a story about how this hypothetical situation would be practically, technically implemented and how that would be different than previous eras of stronger antitrust enforcement.
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Replying to @kimmaicutler @reckless
And then I also am curious about what exactly the new standards or tests would be, if not consumer welfare maximization, and how one would create a standard that could not be so easily politicized or made arbitrary.
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I haven't read @superwuster's latest book bc it's not out yet and I don't have an early copy. But in conversations that I've had with folks sympathetic to this argument who've served on the Senate Antitrust committee, even they expressed reservations about the pre-1970s standards
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