FTC Chair Lina Khan is making it easier for the public to weigh in on proposed mergers.

"It's a priority for Chair Khan and the FTC to hear not just from attorneys, industry & trade associations but from people, because we all have a stake in fair competition!"
-D Farrar

Check out the FTC's new online portal, where the public can share their views on proposed merger:

#FTC#Antitrusthttps://x.com/FTC/status/1846598580938703228

We're not going back.

"“the cost of 40 years of pro-monopoly can't be ignored. Monopolies make the whole world more brittle, even as the cost of that brittleness mounts. It's hard to pretend monopolies are fine when a single hurricane can wipe out the entire country's supply of IV fluid – again:”"

https://pluralistic.net/2024/10/11/democracys-antitrust-paradox/

Another good post about recent monopoly busting and its future, @pluralistic

#AntiMonopoly #antitrust#Economics

“Perhaps without the distraction of the [1990s 🇺🇸] #antitrust case, #Microsoft would not have been so far behind on mobile operating systems, something that allowed Google to pull ahead. #Google’s rivals in AI #will hope that history is about to repeat itself.”
https://www.ft.com/content/d42a15e2-5005-4720-8831-023d8f1878f8

The courts are clear: Google is a monopolist. But will that monopoly be effectively curtailed?

The ruling has been celebrated as a new dawn for the internet, but there are plenty of reasons to believe Google’s power may not be reined in as much as we hope. The fight is far from over.

https://disconnect.blog/the-google-monopoly-ruling-wont-save-the-internet/

#tech #google #antitrust #monopoly #apple

What happens when #antitrust worldwide is too weak, and the largest organizations rely on a handful of contracting giants?

#IT#Outage and future catastrophes as when one company goes offline, it cascades across all sectors. Companies like Crowdstrike, Microsoft are, in the words of @pluralistic: "too big to care" to fix things. Improving reliability simply is an unnecessary expense when they know customers will keep running to them, since there's little choice.

"...and Biden's agency heads have been racing down it, ticking off box after box on or ahead of schedule, making meaningful technical changes in how companies are allowed to operate, each one designed to make material improvements to the lives of Americans."

https://pluralistic.net/2024/07/18/the-bell-system/

#Antitrust#ProCompetition#PoliEcon

@pluralistic , thanks for highlighting the Biden admin's important initiatives reinvigorating US competition enforcement.

72 items!

In 2021, the Biden admin published an "executive order on competition, laying out a 72-point program for using existing powers vested in the administrative agencies to break up corporate power and get the monopolist's boot off Americans' necks:"

"The Competition EO is basically a checklist...

https://pluralistic.net/2024/07/18/the-bell-system/

#Antitrust#ProCompetition#PoliEcon