Breaking Up Big Tech in U.S. Is Nothing New

The video discusses major antitrust cases in U.S. history, focusing on Standard Oil, AT&T, and Microsoft. Standard Oil, led by Rockefeller, dominated the oil industry until it was broken up under the Sherman Antitrust Act. AT&T faced a similar fate, leading to the creation of regional 'Baby Bells.' Microsoft was sued for monopolistic practices related to its Windows operating system but avoided a breakup through a settlement. These cases highlight the impact of antitrust laws on industry structure and competition.

What was the primary reason for the breakup of Standard Oil?

• Environmental concerns

• Monopolistic practices

• Financial instability

• Technological advancements

Which of the following companies emerged from the breakup of AT&T?

• Sprint

• T-Mobile

• Bell Atlantic

• Verizon

What was the main accusation against Microsoft in the 1998 antitrust case?

• Bundling software to stifle competition

• Engaging in false advertising

• Overpricing its products

• Stealing trade secrets

What was the outcome of the Microsoft antitrust case?

• Microsoft was split into two separate companies

• Microsoft was fined heavily but continued its practices

• Microsoft was banned from selling Windows

• Microsoft was required to share computing interfaces

Which companies benefited from the settlement of the Microsoft antitrust case?

• Amazon and Facebook

• Apple and Google

• Intel and AMD

• IBM and Oracle