The FTC’s shell game on social media ‘monopolies’

In Washington, D.C. this week, government lawyers wrapped up their antitrust lawsuit arguing that Instagram should be broken off from its parent company. The same for WhatsApp. The company Meta, formerly Facebook, has been in a long protracted legal battle over its decade-old acquisitions of the photo sharing app Instagram and messaging app WhatsApp. While those acquisitions…

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Lina Khan’s Partisan Pivot Should Be the Beginning of Her End

Democratic candidates are crisscrossing the country to garner support before November’s elections. Joining campaign events alongside the likes of Senator Bernie Sanders, Democratic Rep. Ruben Gallego, and Rep. Raja Krishnamoorthi will be an unlikely star and supposedly independent federal employee, Federal Trade Commission (FTC) Chair Lina Khan.  Khan is due to travel to Austin, Chicago, and Arizona…

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The FTC’s cheering of a failed merger shows its disdain for consumers

Since when do government agencies applaud business deals that fall apart, resulting in hundreds of layoffs and loss opportunities for consumers who depend on those products? That’s what happened earlier this month, when the Federal Trade Commission issued a press release applauding the failed $1.7 billion acquisition of the technology firm iRobot by the ecommerce…

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