FTC chairman says it depends on the market. "You can't have competition without competitors," he said. FTC will look to see if courts endorse a legal approach that an agency took or reject it, Chairman Jay Clayton added.
The Fed eases up on the brakes, Elon Musk looks for new ways to monetize Twitter, and Snap has another rough quarter. Also: Meta may have prevailed in a fight with the FTC. Today’s Friend of Pivot is Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the DOJ. He stops by to discuss Google, antitrust, and his agency's fight against monopolies.
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