Pivot

Facebook FTC antitrust case thrown out and Amazon vs. Lina Khan

Jul 2, 2021
A Federal judge recently dismissed the FTC's antitrust case against Facebook, stirring up discussions on regulatory actions in tech. The hosts delve into Amazon's push for FTC Chair Lina Khan to recuse herself amidst ongoing antitrust scrutiny. Listeners hear about young workers stepping away from corporate jobs, reflecting a broader shift in workforce dynamics. Key insights on the implications of tech monopolies and the trends in entrepreneurship highlight the changing landscape of both business and policy.
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INSIGHT

Robinhood's Fine

  • Robinhood's $70 million fine is insufficient given the widespread harm caused to customers.
  • The fine encourages reckless behavior by prioritizing profits over consumer well-being.
ADVICE

Investing Advice

  • Understand the difference between assets and options before investing.
  • Options trading carries significant risk; seek professional advice if needed.
ANECDOTE

Cosby's Release

  • Bill Cosby's release highlights how technicalities can allow guilty individuals to evade justice.
  • Similar cases like Harvey Weinstein's demonstrate this recurring issue within the legal system.
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