So the government’s antitrust lawsuit against Facebook failed. Where now? | Siva Vaidhyanathan

So the government’s antitrust lawsuit against Facebook failed. Where now? | Siva Vaidhyanathan

3 years ago
Anonymous $drS9DEX_Sj

https://www.theguardian.com/commentisfree/2021/jun/30/facebook-antitrust-lawsuit-big-tech

It turns out that Facebook is more powerful and resilient – and American antitrust law less helpful – than critics of Big Tech had hoped

Within 12 hours of a federal judge tossing out a state and federal antitrust lawsuits against Facebook, the market value of the adolescent company exceeded $1tn. Facebook became the fifth company worth more than a trillion, joining Apple, Amazon, Microsoft, and Alphabet (the parent company of Google).