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A U.S. District Court handed Lina Khan, the head of the Federal Trade Commission, a win this week. The judge gave the go-ahead for the FTC to continue its antitrust suit against Meta, the parent company of Facebook, alleging that the company pursued an illegal “buy-or-bury scheme” to root out competitors. The court shot down the agency’s initial complaint in June, after the judge said the FTC failed to sufficiently define the social media market and the company’s share of it. Marketplace’s Kimberly Adams speaks with Matt Stoller, director of research at the American Economic Liberties Project.
By Marketplace4.4
7777 ratings
A U.S. District Court handed Lina Khan, the head of the Federal Trade Commission, a win this week. The judge gave the go-ahead for the FTC to continue its antitrust suit against Meta, the parent company of Facebook, alleging that the company pursued an illegal “buy-or-bury scheme” to root out competitors. The court shot down the agency’s initial complaint in June, after the judge said the FTC failed to sufficiently define the social media market and the company’s share of it. Marketplace’s Kimberly Adams speaks with Matt Stoller, director of research at the American Economic Liberties Project.

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