For the last five weeks, an agency of the Federal government has attempted to convince a judge that Meta should be forcibly broken up for parts. FTC v. Meta is nearing closing statements and could be…
Posts tagged meta
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…
FTC v. Meta Is All About Politics, Not Antitrust Law
Meta had its first day in court against the Federal Trade Commission in what will be the second-largest antitrust trial of the decade. At stake is Meta’s ownership of both Instagram and WhatsApp, and the viability of…
FTC wants Instagram and WhatsApp spun off Meta, testing Trump’s pro-tech posture | Yaël on SchwabTV
Consumer Choice Center Deputy Director Yaël Ossowski offers a wider perspective around Meta Platforms’ (META) antitrust trial launched by the FTC. He considers it the first test for the Trump administration to set the tone…
EU’s degrowth policies fence Europeans off from benefits of open source AI
Last week, American tech company Meta announced in a blog post it will postpone the launch of its Meta AI product to European users. The company had hoped to offer the same product now available in other countries, integrating a…
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…
Is the FTC kneecapping VR before it even gets off the ground?
In a courtroom in San Joe, California today, the US government squared off against a social media company and grilled that company’s CEO about its investments in another technology company, and its general business strategy…
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…