The Federal Trade Commission on Thursday took a second shot at alleging Facebook is an illegal monopoly in a new complaint that accuses the social media company of buying up potential competitors or thwarting their access to the platform.
In 2019, still settling into his new home in the state’s creepy, gothic governor’s mansion, Gavin Newsom told an Axios interviewer, “California is what America is going to look like.” Then, perhaps reflecting on his Hollywood benefactors, he added for emphasis, “California is America’s coming attraction.”
Joe Biden will name Lina Khan, an antitrust researcher focused on Big Tech’s immense market power, to chair the U.S. Federal Trade Commission, sources said on Tuesday, a key win for progressives who have pushed for tougher laws to tackle monopolies and growing corporate power.
