MSFT - The FTC Versus Facebook: A Long Road Ahead
- The FTC and numerous state AGs have filed an antitrust case against Facebook alleging they have used their monopoly position to take out potential competitors.
- The proposed remedy is a divestment of Instagram and WhatsApp, and some other open-ended restrictions.
- The lesson of the Microsoft trial is that this will take a very long time, and the tech landscape may have drastically changed by the time it is over.
- This is not the end of it. Expect action from Congress, who can do much more than the executive branch. Every tech mega-cap is at risk.
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The FTC Versus Facebook: A Long Road Ahead