Should all monopolies be split into different companies which would be given to the workers who would collectivize them?

  • deltapi@lemmy.world
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    2 months ago

    I think that mergers like this only ever benefit those who are responsible for taking the money out of the companies beforehand.
    I believe that there has never been a merger of two near equally terrible companies that has ever benefited the consumers or the general public. It is almost always geared to getting a small number of investors paid.

  • Shotgun_Alice@lemmy.world
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    2 months ago

    This is the Orbanization of media, in Hungary Orban gave broadcasting licenses to only those who supported him. Here in America instead of using licenses as the mechanism they’re just using money to do the same thing. America needs a serious discussion on trust busting to start breaking up big businesses. Be ready for CNN to become Fox News light.

  • DomeGuy@lemmy.world
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    2 months ago

    This is a billionaire buying the good name of trusted companies so he can have a propaganda house that isn’t obviously such.

  • credo@lemmy.world
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    2 months ago

    I’m going to drop my HBO sub and hope others do the same. The right is buying all the truth-telling media and shareholders need to feel this one deeply.

  • yogurt@lemmy.world
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    2 months ago

    It’s the same thing Discovery did in the first place. This is the last moment of TV having value before the boomers are dead so Discovery merged with Warner to make a big ball of shit that Netflix would have to buy if they wanted Game of Thrones and Superman. Paramount doesn’t want to be left out so they’re adding all their shit to the ball and they’ll try to sell it to Netflix again in 2 years.

  • GodlessCommie@lemmy.world
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    2 months ago

    Brought to you by Bill Clinton’s Telecom Reform Act. Something like this would have been illegal before then.

  • zxqwas@lemmy.world
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    2 months ago

    Monopolies should be treated with a heavier hand than what they are in the US currently.

    I don’t agree with just confiscating property without due process and I definitely don’t agree with using tax payer money to buy out the current owners just to give it to the workers.

  • Mothra@mander.xyz
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    2 months ago

    I’m happy to hear Netflix is not acquiring more. I’m not so sure about Paramount and Warner merging though. Could have been worse I guess.

  • whaleross@lemmy.world
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    2 months ago

    I think that the top tier actors that are making statements on social media or when accepting their awards should put their money where their mouth is and work with smaller independent companies that can make this an opportunity to grow.