Issuing a press release like this should result in your company being immediately broken up. You clearly have far too much monopoly power if you can just decree profit margins like that.
this post was submitted on 20 Jul 2025
9 points (100.0% liked)
Hacker News
2664 readers
247 users here now
Posts from the RSS Feed of HackerNews.
The feed sometimes contains ads and posts that have been removed by the mod team at HN.
founded 1 year ago
MODERATORS
I don't think they can TBH. They've had a couple of shit years lately, something like a ~25% year-to-year decline in profit for the last two/three years? I think this decree is panicked and a result of that.
I'm still for breaking them up anyway, and am willing to take this as flimsy enough evidence that they're effectively claiming a monopoly power. They're guilty by confession! :D
No argument here on that point.
😉