Stay updated with breaking news from Jay Himes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Successfully navigating antitrust agency investigations requires a familiarity with Department of Justice and Federal Trade Commission processes,
WASHINGTON (Legal Newsline) - President Biden’s candidate to run the Justice Department’s antitrust division may face tough questioning at congressional hearings starting today, as business leaders and Republican lawmakers complain the administration is twisting antitrust law into a tool for vague social justice goals and income redistribution.
Why the feds flip-flopped on Facebook POLITICO 12/13/2020 By Leah Nylen © Andrew Harnik/AP Photo The FTC’s complaint cites emails among CEO Mark Zuckerberg and other Facebook executives expressing concerns about Apple, Google or Twitter using Instagram to gain “a foothold” in the social media market. Almost a decade ago, the Federal Trade Commission raised no objections as Facebook spent billions of dollars to swoop up the trendy photo-sharing app Instagram and the messaging service WhatsApp. Now the same agency is demanding that Facebook sell both off companies, ca...