AI Snips
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Purpose of Antitrust Law
- Antitrust law ensures companies don't misuse power and keeps markets competitive.
- When one company dominates without fair competition, it harms consumers and market dynamics.
Google's Ad Monopoly Explained
- Google controls every part of the digital ad pipeline, limiting competition unfairly.
- It uses its data advantage to undercut rivals by outbidding them by just a cent.
Meta's Buy-or-Bury Strategy
- Meta’s strategy was to acquire potential rivals to remove market threats rather than innovate.
- Its buy-or-bury approach may constitute illegal monopolization if the court finds it controls social media market.