On the menu today: the Fed’s surprising hawkishness, the FTC’s new trustbuster, the anti-Amazon industry, and more.
Before we herald a new era of trustbusting, we should be careful that the proposed solution isn’t worse than the actual problem.
On the menu today: carbon taxes and democracy, Big Tech and Joe Biden, lending as a (Chinese) strategic weapon, and more.
If you’re frustrated with the way a big social-media company operates, would you want them having more leverage over other media companies, or less?
Beyond significantly harming the company’s bottom line, such regulation would not even serve consumers.
Lina Khan helped compile last year’s House Antitrust Report, which accused Apple, Facebook, Google, and Amazon of engaging in anti-competitive behavior.
Republicans should be wary of the massive expansion of government that increasingly popular anti-monopoly sentiments would entail.
These platforms make up rules on the fly without any sort of principle, then change the rules as needed.
A Facebook VP’s proposal to regulate the Internet would undermine competition, innovation, and free speech.