The limitation of studying history is that 2 people can look at the same event and make 2 diametrically opposed conclusions about it.
Where someone sees juggernaut corporations being broken up and outmaneuvered by nimble competitors, someone else will see a temporary effect that eventually leads to re-consolidation, regulatory capture, and settling back into an oligopolistic market without any innovation.
Where someone sees juggernaut corporations being broken up and outmaneuvered by nimble competitors, someone else will see a temporary effect that eventually leads to re-consolidation, regulatory capture, and settling back into an oligopolistic market without any innovation.