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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The EU’s ‘regulate first, innovate later’ mantra will sink U.S. tech firms

Last week, a bespeckled white-haired Frenchman strolled the streets of San Francisco in between high-profile meetings and uncomfortable photo ops. With his horn-rimmed round glasses, wavy hair, and tailored suit, as well as a full entourage of slickly-dressed Europeans, the European Union Commissioner for the Internal Market, Thierry Breton, made his rounds in Silicon Valley….

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John Oliver delivers Democratic Party talking points on antitrust

What does it say about us when we turn to comedians to inform our thinking on politics? We’ve witnessed the rise of Ukrainian comedian-turned-wartime-President Volodymyr Zelensky. Former Guatemalan President Jimmy Morales was a comedian, too, but was dogged by very unfunny allegations of corruption. Comedian Dave Smith will likely seek the 2024 Libertarian Party presidential nomination, having led the “Mises…

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