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A district court just threw out an FTC antitrust suit against Facebook after the FTC failed to provide adequate evidence of Facebook possessing monopoly power. What is monopoly power? Well, it’s the power to raise prices above competitive pricing and block new entrants into a product market. If that sounds hard to prove, you’re right. Here’s what happened.
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The FTC and 46 states are investigating Facebook’s acquisition of Instagram and Whatsapp. The question is whether the driving motivation for Facebook’s decision to acquire these companies was to harm competition or strengthen the quality of its products and services. Here’s what the debate looks like.
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The FTC is investigating Facebook’s acquisition of WeChat and Instagram for antitrust behaviour. The question is what was motivating the acquisition: Improving your products or eliminating an enemy.
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