>>507122676Google actually does need to be busted up.
But AT&T and Standard Oil should never have been.
AT&T was using its secure position to fund innovative research at Bell Labs.
The oil industry is limited by inelastic domestic demand, so Regulation is the best way to control it, not breaking it up.
This also applies to the insane rent seeking of the mini Bell regional monopolies that emerged after the breakup.
It's easier to regulate a horse-sized duck than 100 duck-sized horses.
Google on the other hand, what do they even do? They are basically an intelligence agency with too much horizontal power, as opposed to being focused on telecommunications or oil (vertical integration).
Horizonal integration should be broken up, not vertical integration.
Regulated vertical integration is good for the supply chain.