And within hours of a Wednesday court ruling, innovation on smartphones is exploding, showing private regulation can be more burdensome to markets than democratic rules CEOs like to condemn.
antitrust
Posted inPolitics
Republicans Declare War on Asylum Seekers and the FTC
The House Judiciary Committee section of the GOP mega-bill is appalling.
Posted inMoney, Politics, and Power
Private Equity’s Do-or-Die Moment
Regulators have been cracking down on consolidation just as dealmaking dries up and investors head for the exits. Can the lords of finance find a way out?
Posted inMoney, Politics, and Power
Google Faces Historic Breakup
A three-week trial began today that could force Google to sell off its Chrome browser, among other remedies for its illegal monopolization.
Posted inEconomic Policy
Google Is a Monopolist … Again
Previously cited for monopolizing search and app stores, now the ‘don’t be evil’ company has been found to have monopolized advertising technology markets.
Posted inMoney, Politics, and Power
The Government Has Already Won the Meta Case
Mark Zuckerberg fairly obviously bought Instagram and WhatsApp to neutralize a perceived competitor. He isn’t doing that with TikTok, and the FTC’s monopolization trial is why.
Posted inEconomic Policy
How the Trump Tariffs Assist Monopoly
Imposing market power on suppliers or seeking special exemptions from the president are not avenues available to small businesses.
Posted inMoney, Politics, and Power
How Corporate Pardons Create Monopolies
Rocket wants to became the only mortgage company in America. The CFPB found its tactics to be illegal—until Donald Trump let the company off the hook.
Posted inPolitics
Can the Democrats Reclaim Economic Populism?
That challenge is key to winning back voters who deserted the Harris-Walz ticket in 2024. Some rank-and-file members are calling for something new.
Posted inMoney, Politics, and Power
Trump Tries to Fire Lina Khan’s Lieutenants at the FTC
Rebecca Kelly Slaughter and Alvaro Bedoya have been illegally terminated. It’s a bid to centralize executive power.