Consumer group: The government’s Facebook trustbusting is a zealous takedown that harms consumers and punishes innovation WASHINGTON, D.C — On Wednesday, the Federal Trade Commission issued its long-awaited lawsuit, in conjunction with attorneys general from 46 states, that aims to force Facebook to break up its popular services WhatsApp and Instagram for alleged “anticompetitive” behavior. […]
Antitrust tech hearings dig for consumer harm but come up short
Armed with face masks and fresh customer complaints, members of the House Subcommittee on Antitrust, Commercial, and Administrative Law convened both virtually and in-person on Thursday, for the first of many hearings on competition in the tech sector. It was almost a six-hour marathon of gobbledygook legal turns of phrase and static-prone sessions of troubleshooting for lawmakers. […]