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notable: the timing of Facebook recently shutting down its Onavo/"Research" efforts completely (on Android too) -- if buying competition is actually going to see scrutiny, maybe collecting all internet traffic of teens with root certificates isn't as savory, business-wise?
— Spencer Dailey (@spencerdailey) February 26, 2019
Old-school retailer trade association very much OK with new FTC task force scrutinizing competition in tech industry.
— Jason Del Rey (@DelRey) February 26, 2019
"needed scrutiny to the relatively few technology platforms that control a growing share of modern commerce"
ahem, ahem, i wonder who they are talking about pic.twitter.com/pkE1ey5bQG
$FB stock is slightly up today. https://t.co/CHo6EaCUnh
— Steve Kovach (@stevekovach) February 26, 2019
The @FTC has "announced the creation of a task force dedicated to monitoring competition in U.S. technology markets, investigating any potential anticompetitive conduct in those markets, and taking enforcement actions when warranted." https://t.co/eoCN61kB6b
— Makena Kelly (@kellymakena) February 26, 2019
This is an important step toward restoring competition online and keeping the Internet open and innovative. Companies like @Facebook will not regulate themselves. Government has to do more to protect consumers! https://t.co/n5TKIxUK74
— David Cicilline (@davidcicilline) February 26, 2019
very interesting but it also seems, idk, weird to look back on seven year old acquisitions like Instagram — assuming IG is on the table — or even five year old ones like whatsapp and be like “uh, actually this is bad”
— rat king (@MikeIsaac) February 26, 2019
but would love input from DC folks on how common it is
The FTC is creating a team dedicated to monitoring competition in the tech industry. What jumps out:
— Hamza Shaban (@hshaban) February 26, 2019
1) That it's 2019 and they're only doing this now
2) A mandate to review mergers that have already taken place — Facebook/Instagram comes to mind https://t.co/bDu7w3imV2 pic.twitter.com/nJjNRSe6uE
FTC launches task force to monitor competition in the tech industry https://t.co/E2xmAT3YUL by @stephcondoncbs
— ZDNet (@ZDNet) February 26, 2019
New FTC task force will take on tech monopolies https://t.co/GrFmObWFWl pic.twitter.com/fmFp09msoa
— The Verge (@verge) February 26, 2019
I wonder if the FTC will consider the disruption to consumers' lives if trying to seperate Instagram or WhatsApp from Facebook would temporarily break those apps https://t.co/X13yBlcDb3
— Josh Constine (@JoshConstine) February 26, 2019
Aaaaaand here's the full story. Lots of talk on *retroactive merger reviews* https://t.co/JIq7426ZGb
— Makena Kelly (@kellymakena) February 26, 2019
#BREAKING: FTC’s Bureau of Competition launches Task Force to monitor technology markets: https://t.co/xb0oUQfJIx
— FTC (@FTC) February 26, 2019
The FTC is creating a team dedicated to monitoring competition in the tech industry. What jumps out:
— Hamza Shaban (@hshaban) February 26, 2019
1) That it's 2019 and they're only doing this now
2) A mandate to review mergers that have already taken place — Facebook/Instagram comes to mind https://t.co/bDu7w3imV2 pic.twitter.com/nJjNRSe6uE
The @FTC has "announced the creation of a task force dedicated to monitoring competition in U.S. technology markets, investigating any potential anticompetitive conduct in those markets, and taking enforcement actions when warranted." https://t.co/eoCN61kB6b
— Makena Kelly (@kellymakena) February 26, 2019
NEW: FTC focuses on Tech and Antitrust, forms a task force on tech in competition to look for antitrust violations. Among ideas: to look at past "consummated mergers" to see if they pose antitrust concerns. https://t.co/vA2c6I4zzZ
— CeciliaKang (@ceciliakang) February 26, 2019
Lotta news today in antitrust land: The FTC says it's creating a special task force to keep an eye on competition in the tech industry: https://t.co/pcQ3Ot2inz pic.twitter.com/s2zmddkfvj
— Brian Fung (@b_fung) February 26, 2019
The FTC's Bureau of Competition is launching a task force to monitor the tech industry:
— Hamza Shaban (@hshaban) February 26, 2019
- monitoring competition in tech/online platforms and taking enforcement actions "when warranted"
- new merger reviews
- old merger reviews
- ~ 17 staff attorneyshttps://t.co/bDu7w3imV2 pic.twitter.com/QX9nKwGJqc
FTC creates new task force to investigate tech sector https://t.co/UcoYv5Ha6b pic.twitter.com/3V3RLh7OdD
— CNET (@CNET) February 26, 2019
New #FTC task force will take on tech monopolies https://t.co/XsWjk08R2Z#Monopoly #antitrust #dominance @scottcleland @JamesADamore @TheJusticeDept @FBI @realDonaldTrump #trust #freemarket #corruption #crime #Competition #DOJ #Trump #tying pic.twitter.com/5TJolkVnMl
— Rich Tehrani (@rtehrani) February 27, 2019
New FTC task force will take on tech monopolies https://t.co/GrFmObWFWl pic.twitter.com/SVcMgogoRS
— The Verge (@verge) February 27, 2019
BIG NEWS: The US Federal Trade Commission (#FTC) just set up a panel of 17 attorneys to examine possible monopolistic behavior by #Facebook & #Google. Well OF COURSE they're #monopolies! Does it really take 17 lawyers to figure that out? https://t.co/RdFqpCqDN0
— Dr. Robert Epstein (@DrREpstein) February 26, 2019
New: @FTC launches task force to monitor competition issues in the tech sector. https://t.co/5r9EfRMWoO
— Daniel Stoller (@realdanstoller) February 26, 2019