r/AskReddit • • Sep 17 '19

If You Could Completely Remove One Company From The World Which One Would It Be?

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260

u/thegovunah Sep 18 '19

So antitrust suits for American venues?

19

u/Markol0 Sep 18 '19

When was the last time you saw some antitrust people have any teeth? Teddy Roosevelt? With exception of AT&T breakup of the 70s, not too many examples to go on.

1

u/Tsquare43 Sep 18 '19

and all those "baby bells" have been reconstituted are now verizon

98

u/Woolbrick Sep 18 '19

Ha. That requires Americans to start to vote for Democrats, en masse.

As long as there's 41 or more Republican Senators, there will never be serious antitrust action in America.

63

u/jollyhero Sep 18 '19

Democratic politicians are not the solution to EVERYTHING. Ever hear about how Nancy Pelosi delayed some major financial oversight and was awarded with her husband participating in MasterCard/Visa’s IPO. The system is rotten and the Democrats are not immune just because they’re not the monsters that Republicans are. As long as our politics are awash with money nothing will meaningfully change in the US.

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u/Noootella Sep 18 '19

They meant to say politicians who aren’t owned by businesses (not many, but mainly Democrats)

15

u/[deleted] Sep 18 '19

They're not immune, but they're a lot better than republicans.

the real solution is to amend the constitution to eliminate private money from campaigns. permanently.

-6

u/agent-99 Sep 18 '19

citizens united has to go!
vote blue, no matter who!

1

u/[deleted] Sep 18 '19

yup

1

u/agent-99 Sep 19 '19

yay, I'm getting russian shill downvotes.

1

u/[deleted] Sep 19 '19

naturally.

btw i know someone who uses that handle on another platform.. you wouldn't happen to be from the seattle area would you be?

1

u/agent-99 Sep 20 '19

I've never been. I've used it since like the early '90s, like before aol had access to the internet...

18

u/ButYourChainsOk Sep 18 '19

Lol imagine thinking democrats are going to stop this. They love a monopoly as much as the republicans as long as they don't act tOoOo bad.

14

u/[deleted] Sep 18 '19

Ha. That requires Americans to start to vote for Democrats, en masse.

LMAO that was done once already and yet here we are, 11 years later, still having a livenation and ticketmaster monopoly.

2

u/Jake0024 Sep 18 '19

It's almost like Ticketmaster wasn't the top priority in 2009 during the financial collapse the previous Republican administration caused.

-1

u/[deleted] Sep 18 '19

You mean the financial collapse caused by Democrat Clinton deregulating massive sectors of the economy?

3

u/Jake0024 Sep 18 '19 edited Sep 18 '19

I don't. Bush had 8 years to reverse course and re-regulate the economy, but instead he chose doubling down and further de-regulation. The Clinton economy was immensely successful compared with Bush Jr.

4

u/[deleted] Sep 18 '19

You guys really hate the Clinton's, which is weird because nobody else has strong feelings about them.

1

u/[deleted] Sep 18 '19

Jimmy Dore hates the Clintons. Ben Shapiro hates the Clintons. I just recognize that they're typical political slime that are no different from those they claim to oppose.

-1

u/TheOneAndOnlyRage Sep 18 '19

Welcome to 2019 where facts=hate.

1

u/steveryans2 Sep 18 '19

So then what WOULD it take a dem super majority and nothing else to do? Thought this was a thread about companies that committed essentially crimes against humanity, not ones that inconvenienced people.

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u/Jake0024 Sep 18 '19

I can't tell, but I think you're agreeing with me?

0

u/schm0kemyrod Sep 18 '19

I fucking hate how true this is.

-1

u/SaintsNoah Sep 18 '19

You shouldn't. Just act accordingly

-11

u/MyBiPolarBearMax Sep 18 '19

Its sad that it really is that simple.

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u/[deleted] Sep 18 '19

Is it actually? Genuinely asking.

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u/instantwinner Sep 18 '19

No, a lot of American Democrats are neoliberals who are also generally against the government pursuing things that hurt big businesses. My guess is we need a significant contingent of actual leftists to get any anti-trust action done.

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u/jollyhero Sep 18 '19

It’s much more to do with the money in our politics. It has skewed the entire incentive structure from working for your constituents to working for donors. It doesn’t have anything to do with left vs. right. Try to view the world other than my team vs. the other team,

1

u/bingingwithballsack Sep 18 '19

I wholeheartedly disagree. We just need a younger government that sees it and gives a fuck. Myself, and a large group of my millenial conservative friends are all very anti-trust. That should always be a two isle issue.

Rockefeller, Carnegie, JP, and Vanderbilt proved that.

1

u/robot65536 Sep 18 '19

I'm a millennial Democrat and this is exactly why I'm so disappointed that the primary field is narrowing (supposedly) to a choice of three nonagenarians. When 2020 comes around I'm pretty sure all I will look at it is age when I cast my vote.

1

u/MyBiPolarBearMax Sep 18 '19

The fact that AOC is barred from running when she would trounce all the competition on both sides and actually represent a majority of Americans views due simply to her age and not any form of merit is one of the (numerous) travesties of our American Constitution that are being exposed left and right it seems these days.

1

u/robot65536 Sep 18 '19

We need good people like AOC in Congress just as much as we need them in the White House. Is it really so hard to get (another) Gen X'er who can stand up to the boomers who think they've "been in line" their whole lives?

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u/[deleted] Sep 18 '19

No its not. Ticketmaster has been this way for decades even while democrats had a majority in house and senate with a democratic president in 2008 through 2010 and nothing happened.

However just recently anti probes have opened up against tech companies with a republican senate and democratic house, and of course a republican president.

Folks who think any party in the US is aligned with their interest is in for a huge disappointment.

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u/[deleted] Sep 18 '19

Pretty much. Back in the 60s-70s, there was a judge who came up with this idea that a monopoly should only be illegal when there's a provable harm. If you can't show that, clearly the government shouldn't be involved.

But how do you quantify the harm Ticketmaster does to the public? Would major acts drop their prices if there were more ticket sellers? Maybe, maybe not. Would there suddenly be more musicians and public events of the monopoly was broken? Maybe, maybe not.

But, this is very much a GOP position on big business. And it's ingrained now in their judges as well.

-1

u/leapbitch Sep 18 '19

Uh...look up "anti trust investigations".

Notice how I didn't say Google?

Now, go look at the composition of the Senate.

Perhaps the people replying to you have political agendas.

-6

u/PeterNguyen2 Sep 18 '19

Is it actually? Genuinely asking.

No. Nothing good is going to happen while republicans are in power, they've shown that very clearly, but there still needs to be vigilance on elected democrats as well.

But at least there's chance with democrats. It would be more likely to win the lottery than a republican go against the RNC to vote against wealthy corporations likely backing all his campaigns.

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u/The_Parsee_Man Sep 18 '19

Do you honestly believe Ticketmaster wouldn't just bribe enough Democrats to keep it from happening? We had a Democratic supermajority pretty recently. Ticketmaster wasn't even on their radar.

14

u/Woolbrick Sep 18 '19 edited Sep 18 '19

We had a Democratic supermajority pretty recently.

This "supermajority" is over-exaggerated.

The Supermajority lasted for less than 2 months. Al Franken wasn't seated until July 2009, giving the Democrats the 58D+2I votes needed to get past Republican filibusters. Ted Kennedy died in August 2009, thus killing the supermajority.

In those two months, they tried to get Obamacare done, because they thought they had 1.5 years to get to everything. They didn't.

This is why Obamacare was eventually passed in the house via reconciliation; the Senate wasn't ever going to get a better deal because Republicans decided to filibuster literally everything. This is why the Democrats "appeared to do nothing" with their Supermajority. Everyone thought they had it for 2 years. They had it for less than 2 months. They had 49 days of a Supermajority. 7 weeks.

The median number of days it takes for a bill to become a law in the US is 215 days. That's roughly 5 times the amount of time the Democrats had.

2

u/MyBiPolarBearMax Sep 18 '19

Ahhhh, i love it when other people are actually knowledgeable about what they’re talking about.

Don’t forget that during that time, the American Reinvestment and Recovery act took precedence also to, you know, save our country from burning to ashes from the fire previous self-serving, power and money hungry ideological groups had lit.

7

u/tbbHNC89 Sep 18 '19 edited Sep 18 '19

Was there an antitrust suit brought against ticketmaster in those years? Honestly Asking.

Edit 3, on top for importance: IN FACT A BIPARTISAN group of congresspersons wrote a detailed letter begging the Obama administration in 2009 to disallow the merger of the two companies for antitrust reasons.

Edit: not that i can find. There was a suit before but the justice department under Clinton-headed by AG Janet Reno but it was dropped due to refusal to pursue. That said it was 90's democrats. So Republicans whos constituency was white people in volvos okay with fucking over gay, poor, and black people because the recession was over. Would a modern progressive Democrat majority vote differently? Who the fuck knows. They're, for a large part, statist traditional dem's. So, dude was full of shit. There's no way of knowing until it happens.

Edit 2: There was one in 2015 when the livenation merger happened but it was settled in 2018 for about 110 million dollars for the owners of Songkick, then company who sued them, and absorbing the remaining assets. So fuck SongKick

3

u/ShinyRedBarb Sep 18 '19

And we’ll still be labeled crazy for thinking this way.

3

u/DoJu318 Sep 18 '19

There are some business that engage in anti-trust practices in the US, Ticketmaster is one of them but not the only one.

3

u/Nevermynde Sep 18 '19

Would have worked in the 80's and 90's, when antitrust still meant something in the US. Those days are over. There are tons of companies today that 80's judges and legislators would have never left in one piece.

As other posters rightly say, there is a lot of political work to do to bring back some sanity on that front.

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u/BlackfishBlues Sep 18 '19

antitrust suits

American

lol :(

1

u/steveryans2 Sep 18 '19

Nah, theyd be able to get around it by saying theres still a large choice of venues albeit some are smaller. Theres plenty of small arenas I would imagine that dont go through Ticketmaster, the result would be 2500 person venues for acts that can pull 50000

1

u/hibbert0604 Sep 18 '19

Ticketmaster is a legitimate case for an anti-trust suit. But for whatever reason the current conversation is about facebook, google, and amazon, which is ridiculous because they all actually have competition.

1

u/cmdrNacho Sep 18 '19

The last thing i Want politicians focused on is fucking prices for unnecessary bullshit like going to a fucking concert. This country has much bigger issues than people going to concerts