Comment by dataviz1000
6 days ago
Splitting these companies would also be good for people like Bezos and Gates as splitting Standard Oil was good for Rockefeller. They don't lose their interest in the companies and the newly formed companies likely will benefit from the competition creating much more aggregated wealth. In the end, the breakup of Standard Oil made Rockefeller wealthier. He gained from owning shares in the spinoff companies, their rising market value because competition, diversified investments, and the growing demand for oil.
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