# Trust Busting Thread

**URL:** <https://unstuckpolitics.com/t/trust-busting-thread/3430>\
**Category:** Politics & News\
**Created:** [December 9, 2020, 7:57pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430 "2020-12-09T19:57:36Z")\
**Posts on this page:** 15\
**Page:** 2

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**Author:** ![pvn](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/pvn/32/138072_2.png) [@pvn](https://unstuckpolitics.com/u/pvn)\
**Post date:** [December 10, 2020, 4:16pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/21 "2020-12-10T16:16:03Z")

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yes, I’m saying the whole line of attack is dumb. whether facebook is a monopoly or not isn’t really relevant to the damage they are causing, which is what they should be concerned about, and the possible punishment in this case (breaking off whatsapp and insta) won’t prevent or fix any of those problems. It’s like “oh charles manson is a bad guy, we also noticed that he is parked illegally and we’re gonna ticket him, WEGOTHIMBANNER.GIF”

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**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [December 17, 2020, 6:20pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/22 "2020-12-17T18:20:46Z")

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Lol Google just got another suit from 38 state AGs

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**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [February 4, 2021, 2:54pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/23 "2021-02-04T14:54:38Z")

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> **[Klobuchar unveils sweeping revamp of antitrust enforcement, laying out vision...](https://www.cnbc.com/2021/02/04/klobuchar-unveils-sweeping-antitrust-bill-laying-out-her-vision-as-new-subcommittee-chair-.html)**
>
> The proposed Competition and Antitrust Law Enforcement Reform Act sets a tough tone as she becomes chair of the Senate Judiciary subcommittee on antitrust.

> [@](#):
>
> - Raising the bar for dominant firms seeking to merge with other companies, including by shifting the burden of proof onto merging parties.
> - Adding a prohibition on “exclusionary conduct” to the Clayton Act, which governs mergers, to make it harder for dominant firms to prove their mergers won’t harm competition if they engage in such acts. Exclusionary conduct would include acts that disadvantage current or potential competitors or limit rivals’ ability or incentive to compete.
> - Authorizing $300 million increases to the annual budgets of the Department of Justice’s Antitrust Division and the Federal Trade Commission, which enforce antitrust laws.
> - Allowing antitrust enforcers to seek civil penalties for violations of monopoly law and the exclusionary conduct offense created by the bill, on top of other remedies they can already call for, like breakups and injunctions.
> - Creating an independent Office of the Competition Advocate within the FTC that can conduct market analyses to inform enforcement and help elevate consumer complaints.
> - Requiring merged companies to update agencies on the outcomes of their deals and for the agencies to study the impacts of past mergers.
> - Extending whistleblower incentives to those flagging potential civil violations.

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**Author:** ![anon10396289](https://unstuckpolitics.com/letter_avatar_proxy/v4/letter/a/f0a364/32.png) [@anon10396289](https://unstuckpolitics.com/u/anon10396289)\
**Post date:** [March 16, 2021, 7:36pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/24 "2021-03-16T19:36:12Z")

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wtf

> **[The government’s lawyers saw a Google monopoly coming. Their bosses refused...](https://www.politico.com/news/2021/03/16/google-files-mobile-search-market-475576)**
>
> FTC memos suggest Obama-era regulators passed on an opportunity to rein in Google when the company still had viable competitors.

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**Author:** ![anon10396289](https://unstuckpolitics.com/letter_avatar_proxy/v4/letter/a/f0a364/32.png) [@anon10396289](https://unstuckpolitics.com/u/anon10396289)\
**Post date:** [March 16, 2021, 7:40pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/25 "2021-03-16T19:40:27Z")

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[https://twitter.com/matthewstoller/status/1371820689645260808](https://twitter.com/matthewstoller/status/1371820689645260808)

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**Author:** ![anon10396289](https://unstuckpolitics.com/letter_avatar_proxy/v4/letter/a/f0a364/32.png) [@anon10396289](https://unstuckpolitics.com/u/anon10396289)\
**Post date:** [March 16, 2021, 7:42pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/26 "2021-03-16T19:42:11Z")

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FTC reviewed this email:

> [Among the revelations in the documents, which the FTC has never made public](https://www.politico.com/news/2021/03/16/google-files-ftc-antitrust-investigation-475573): A top Google executive bragged in an email to the CEO that Google could “own the U.S. market” with its exclusive contracts with major phonemakers and carriers. The contracts made Google the default search engine on 86 percent of U.S. smartphones. And the company acknowledged making “humongous” payments to carriers solely to keep rivals like Yahoo and Microsoft from getting prime access to people’s devices.

And then were all, OK bros, you’re good to go.

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<div class="post-metadata">

**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [March 17, 2021, 1:17pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/27 "2021-03-17T13:17:25Z")

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This is some interesting stuff. Has Politico posted the memos, or just articles about them?

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**Author:** ![anon10396289](https://unstuckpolitics.com/letter_avatar_proxy/v4/letter/a/f0a364/32.png) [@anon10396289](https://unstuckpolitics.com/u/anon10396289)\
**Post date:** [March 17, 2021, 1:33pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/28 "2021-03-17T13:33:29Z")

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Everything they quoted seems to have those complete pages in document cloud but I can’t find the whole report, just fragments.

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<div class="post-metadata">

**Author:** ![anon10396289](https://unstuckpolitics.com/letter_avatar_proxy/v4/letter/a/f0a364/32.png) [@anon10396289](https://unstuckpolitics.com/u/anon10396289)\
**Post date:** [April 12, 2021, 7:00pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/29 "2021-04-12T19:00:16Z")

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Interesting stuff:

[https://twitter.com/matthewstoller/status/1381653565240918019](https://twitter.com/matthewstoller/status/1381653565240918019)

> **[Why Is Clarence Thomas Attacking Google?](https://www.thebignewsletter.com/p/why-is-clarence-thomas-attacking)**
>
> Republicans are increasingly caught between big business and social conservatives. Supreme Court Justice Clarence Thomas in turn has started making anti-monopoly arguments.

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**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [August 2, 2021, 3:33pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/30 "2021-08-02T15:33:33Z")

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[https://www.politico.com/news/2021/07/30/facebook-antitrust-suit-carl-shapiro-501825](https://www.politico.com/news/2021/07/30/facebook-antitrust-suit-carl-shapiro-501825)

> The expert, University of California-Berkeley economist Carl Shapiro, didn’t respond to multiple phone calls and an email asking the reasons for his departure. But he has criticized new FTC Chair Lina Khan’s aggressive approach to antitrust enforcement, and she in turn has faulted the agency’s traditional reliance on economists’ analyses in its fights against alleged monopolists.
> 
> The agency hired Shapiro, a former Obama-era antitrust official, to aid in its suit against Facebook in 2019. It has already paid out $5.7 million to the economics consulting firm where he is a senior consultant, according to a POLITICO analysis of federal contracting data. That is nearly double what the FTC has paid for any other expert services over the past two years at a time the agency has told Congress it is strapped for cash.

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<div class="post-metadata">

**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [September 4, 2021, 12:01am UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/31 "2021-09-04T00:01:04Z")

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The FTC is a total mess right now

> **[wilson\_second\_request\_copy\_letter\_clarivate.pdf](https://www.ftc.gov/system/files/documents/public_statements/1595685/wilson_second_request_copy_letter_clarivate.pdf)**
>
> 205.84 KB

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<div class="post-metadata">

**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [March 28, 2022, 11:48am UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/32 "2022-03-28T11:48:54Z")

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Federal Trade Commission joining the fight against bad memes

![image](https://unstuckpolitics.com/uploads/default/original/3X/e/7/e790a984036715becf5dc1738d5237cef9678681.png)

> **[FTC Requires ENCAP to Sell Off EP Energy Corp.'s Entire Utah Oil Business...](https://www.ftc.gov/news-events/news/press-releases/2022/03/ftc-requires-encap-sell-ep-energy-corps-entire-utah-oil-business-amid-concerns-deal-would-increase)**
>
> The Federal Trade Commission will require the divestiture of energy producer EP Energy Corp.’s entire business and assets in Utah.

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<div class="post-metadata">

**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [March 30, 2022, 7:24pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/33 "2022-03-30T19:24:19Z")

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[https://www.wsj.com/articles/senate-advances-bedoya-nomination-to-federal-trade-commission-11648665515?mod=hp\_listb\_pos1](https://www.wsj.com/articles/senate-advances-bedoya-nomination-to-federal-trade-commission-11648665515?mod=hp_listb_pos1)

Dems making some moves to staff the FTC

> Republicans say that Mr. Bedoya’s comments, including characterizing former President [Donald Trump](https://www.wsj.com/topics/person/donald-trump) as a racist, show him to be a Democratic partisan who would further polarize the FTC.
> 
> In one 2018 tweet, Mr. Bedoya wrote: “What ELSE does Trump have to say for the media to expressly call him a racist and white supremacist?”
> 
> He has also criticized immigration policy. In a February 2021 tweet, Mr. Bedoya called U.S. Customs and Immigration Enforcement “an out-of-control domestic surveillance agency that peers into all our lives.”

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<div class="post-metadata">

**Author:** ![Riverman](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/riverman/32/151655_2.png) [@Riverman](https://unstuckpolitics.com/u/Riverman)\
**Post date:** [April 12, 2022, 8:52pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/34 "2022-04-12T20:52:51Z")

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Quite a thread here. I have a take that the people who should and normally would be screaming about this stuff are so heavily invested in these companies as to have been effectively bribed, without any payment, into doing nothing.

[https://twitter.com/matthewstoller/status/1513941334666665986?s=21&t=u1YUUtzUcIwT88lcwPHA2g](https://twitter.com/matthewstoller/status/1513941334666665986?s=21&t=u1YUUtzUcIwT88lcwPHA2g)

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<div class="post-metadata">

**Author:** ![econophile](https://unstuckpolitics.com/user_avatar/unstuckpolitics.com/econophile/32/78823_2.png) [@econophile](https://unstuckpolitics.com/u/econophile)\
**Post date:** [August 5, 2024, 7:05pm UTC](https://unstuckpolitics.com/t/trust-busting-thread/3430/35 "2024-08-05T19:05:49Z")

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> **[Google loses massive antitrust lawsuit over its search dominance | CNN Business](https://www.cnn.com/2024/08/05/business/google-loses-antitrust-lawsuit-doj/index.html)**
>
> Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of...

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