This highlights one of the big problems with unbridled capitalism is consolidation. In free market with few rules, the big players always end up gobbling up the little guys.
The CIA needed consolidated communications sectors to make their spying most effective. AT&T didn't achieve anything other than bending over and letting the CIA put it all the way in them.
This highlights one of the big problems with unbridled capitalism is consolidation. In free market with few rules, the big players always end up gobbling up the little guys.
Case in point: AT&T.
Broken up in the 1980s, re-formed like the T-1000 20 years later.
It's also how Vince McMahon's monopoly happened. It took an even richer billionaire, Tony Khan, to end it.
The CIA needed consolidated communications sectors to make their spying most effective. AT&T didn't achieve anything other than bending over and letting the CIA put it all the way in them.
It's literally illegal.
This highlights the underlying problem in our nation.
Lobbying buys you the right to break the law.