https://m.youtube.com/watch?v=j4UkMad4JQk
How to fight Monopoly Power with FTC chair Lina Khan
Biden executive order has given FTC special powers. Nothing will happen unless that gets revoked.
9 replies (most recent on top)
When FTC/DOJ considers mergers and acquisitions, it's not as simple as considering whether there are monopoly issues. They are law enforcement agencies enforcing various laws regarding mergers and their macroeconomic effects.
From the FTC website, this is broadly what they are looking at: Some mergers change market dynamics in ways that can lead to higher prices, fewer or lower-quality goods or services, or less innovation.
And with the new merger guidelines that have been in the works for a while, they will even consider the impact on workers and the labor market as well.
The era of rampant neoliberalism and unchecked deregulation has stymied antitrust enforcement in the last few decades since the 80s. This is all about to change under the DOJ and FTC with the blessings of the Biden administration. Although the tough-on-mergers stance started with the Trump administration already.
It is easier to prove that the earth is bigger than the sun than to prove that this deal will have monopoly issues.
Save the pods and the DEI team!
Hope it fails. Knowing Hock will lose “face” is icing on the cake.
Hock tans arrogance - guy has literally no chance.
"No legal impediment in the US"
This won't age very well
Think it through, read it through and let's stop right there
Yawn, someone pretending to be an insider making ambiguous claims
that have no value.
Go away troll. Get your supply of attention somewhere else.
Oh boy, everyone, including the media will be shocked late next week. Nobody has a clue what's gonna hit the acquisition and will learn that it's not China