3,882
edits
Meta Platforms:Regulatory Environment: Difference between revisions
Meta Platforms:Regulatory Environment (view source)
Revision as of 17:07, 22 July 2024
, 22 July 2024→Antitrust
| Line 145: | Line 145: | ||
* Changing the conservative view on antitrust in the US will be an incremental fight. The current FTC leader is moving in the right direction by updating some policy guidelines and bringing some cases, though they will still win some and lose some (56:30). | * Changing the conservative view on antitrust in the US will be an incremental fight. The current FTC leader is moving in the right direction by updating some policy guidelines and bringing some cases, though they will still win some and lose some (56:30). | ||
* '''While Congress could change the law to deal with these companies, this route is probably hopeless. So, the route currently remains the same as they took with Microsoft back then, but it is a very difficult fight to make and win since the due diligence needed is challenging for DOJ and FTC (they need good economics, good documents, good witnesses, good lawyering, etc)''' (56:00). | * '''While Congress could change the law to deal with these companies, this route is probably hopeless. So, the route currently remains the same as they took with Microsoft back then, but it is a very difficult fight to make and win since the due diligence needed is challenging for DOJ and FTC (they need good economics, good documents, good witnesses, good lawyering, etc)''' (56:00). | ||
<u>Why the FTC Is Losing Against Big Tech: WSJ</u> <ref>https://www.youtube.com/watch?v=q0_0eiN53yM</ref> | |||
* The FTC is currently as aggressive as it has ever been on antitrust under Chair Lina Khan. | |||
* Khan acknowledges that the agency is outgunned in resources by the biggest tech companies. | |||
* Frequent losses in antitrust cases could set a bad precedent, leading some lawyers to suggest the FTC should be more selective in the cases it brings forward. | |||
* Lina Khan is under investigation for her leadership style at the FTC, indicating internal disagreement with her approach. | |||
* | |||
=== <big>New Bills Proposals</big> === | === <big>New Bills Proposals</big> === | ||