Any additional motions can be led by new FTC chairman Lina Khan, a vocal critic of Huge Tech who first came to prominence here when she argued that antitrust guidelines that focus on pricing shouldn’t be enough to keep the energy going from Amazon to include.
However, while the FTC has a different likelihood in this case, the election dismissed a separate lawsuit from the 48 states contesting Fb’s acquisitions of Instagram and WhatsApp, saying they waited too long to file their case. He is famous for not having this timing challenge for the FTC, which can analyze any merger at any level that it believes has a purpose.
Fb – and its buyers – have called the election a victory. As a result of the election, the company’s share value rose 4.2% and its market capitalization surged above $ 1 trillion for the first time in its historical past.