We've blocked two shipping mergers that relate to supply chain, including one that would have allowed a Chinese company to control significant portion of refrigerated shipping containers. We're also revising our merger guidelines. These are a tool that the agencies use to sort of set forth and explain to the world how we enforce the law. The last time around, I think we got about a hundred, about 15 years ago. And so we're actively taking steps to redefine and rethink how we approach the law so that it's more faithful to the- to precedent, more faithful to Congress.
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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