←back to thread

863 points IdealeZahlen | 5 comments | | HN request time: 0.917s | source
Show context
tonymet ◴[] No.43719240[source]
the FTC is like Jim Cramer. Once they judge a business to be a monopoly, the business falls apart and the monopoly is irrelevant. Look at the hundreds of millions wasted on the Windows / IE monopoly trial. the AT&T break up set American technology back by decades and killed our domestic chip production.
replies(9): >>43719392 #>>43719443 #>>43719692 #>>43719749 #>>43720427 #>>43720556 #>>43720569 #>>43720697 #>>43720705 #
1. spamizbad ◴[] No.43719443[source]
AT&T was broken up in 1982. Our manufacturing peaked around 1990 and what really pushed it downward was China joining the WTO. We also halted a lot of fab construction domestically after the GFC of '08.
replies(2): >>43719548 #>>43721789 #
2. tonymet ◴[] No.43719548[source]
the *case started in 1973 and was threatened for almost a decade beforehand. That put the entire industry on edge.
replies(1): >>43720411 #
3. PaulHoule ◴[] No.43720411[source]
To the contrary AT&T proved itself incapable of delivering end-to-end innovation. Sure it lowered the cost of intercity links for long-distance calls dramatically but couldn’t pass savings on to the consumer. Picturephone was a technical tour de force but demonstrated AT&T couldn’t deliver new services other than little things like call waiting and caller id.

Notably high profits from long-distance dialup calls kept online services stuck at 2400 bps for most of the 1980s. Futurists circa 1960-1970 thought online services were going to become widespread about 15 years than they really did and AT&T was the #1 thing to blame.

replies(1): >>43756471 #
4. vkou ◴[] No.43721789[source]
This is an interesting theory, but US manufacturing output actually peaked ~2022-2024.

US wages paid to manufacturing jobs are going down year-over-year, because of automation, and, uh, other factors. But the amount of products that are produced has grown year over year... Or was growing, until waves at everything in 2025.

5. tonymet ◴[] No.43756471{3}[source]
Bell Labs?