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#341: The FTC Tries to Shape the Market

Tech Policy Podcast

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The FTC's Hindsight Bias Lawsuit

The FTC is seeking to break up Facebook, blue Instagram, and WhatsApp. The agency tried to identify a handful of features that made up this personal social networking market. Then they backtracked arguing that virtually everything that occurs on Facebook and Instagram fits within the market. As Meta pointed out, if you watch a celebrity on reels, how is that different from watching a celebrity on TikTok?

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