The agency’s antitrust investigation of Facebook is ongoing.
Meta/Facebook
Posted inMoney, Politics, and Power
How Neoliberal Policy Shaped the Internet—and What to Do About It Now
Unrestrained digital markets have given us monopoly, pervasive surveillance, and powerful vectors of disinformation. But a new agenda is emerging to turn things around.
Posted inMoney, Politics, and Power
The Hacked States of America
Netflix’s ‘The Great Hack’ director Karim Amer discusses how stolen personal data are manipulated to advance demagoguery and disinformation.
Posted inLaw and Justice
The Facebook Settlement Amounts to Bribery of a Federal Agency
The FTC admitted taking a higher settlement figure from Facebook in exchange for declining to depose Mark Zuckerberg.
Posted inMoney, Politics, and Power
Trump’s Antitrust Cops Fail to Police Big Business—Again
The day after one regulator announces an investigation into Big Tech, another gives Facebook a wet kiss. It’s all part of a pattern.
Posted inLaw and Justice
A Week of Reckoning for Big Tech
The platform monopolies face three hearings on Capitol Hill that could define future actions against them.
Posted inMoney, Politics, and Power
Inside the Congressional Staff Meeting About Libra
Staffers challenge Facebook’s happy talk about its digital currency in a briefing.
Posted inMoney, Politics, and Power
Facebook Wants to Become the World’s Banker—and Congress Isn’t Paying Enough Attention
Despite the company’s plan to issue its own currency, lawmakers haven’t grasped the threat this poses to the world’s economy.
Posted inEconomic Policy
How Digital Advertising Markets Really Work
They’re shaping our market, our democracy—our entire reality. If we’re going to fix them, we need to understand them.
Posted inTAP
Facebook World Domination Announcement Set for Tuesday
Tomorrow, Facebook is set to unveil its own currency, because that’s a thing companies do now. It’s a throwback to 19th-century coal and lumber companies that would pay workers in scrip. But in this case, Facebook has 2.5 billion users instead of a few thousand laborers, giving it the potential to dominate the payment system. […]