monopoly
The government’s Facebook trustbusting is a zealous takedown that harms consumers and punishes innovation
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.…
Facebook Trustbusters Are Motivated by Partisan Politics, Not Concern for the Consumer
Channeling the spirit of Theodore Roosevelt and nostalgia for the early 20th century Progressive Era, the latest bad idea being circulated in elite circles is to use the trust-busting power of the federal government to break up the social network Facebook. The idea has been promoted by the likes of Democratic politicians like senators Elizabeth…