On Tuesday, the Justice Department and Federal Trade Commission launched a joint effort to modernize antitrust enforcement, seeking comment on how the agencies can apply current law in cases against tech companies like Meta and Google.
“We absolutely need to ensure that our tools today allow us to fully understand the markets of today” Tuesday’s announcement follows new plans in the Senate to push through a pair of bills targeting tech giants like Apple, Meta, and Google.on the American Innovation and Choice Online and the Open App Markets Acts on Thursday — bills that would outlaw dominant platforms from abusing their market dominance, allow third-party app stores, and protect software sideloading.
Who are the competition enforcers? Sounds very Star Wars to me.
“Sony just offered Congress more money to stop the acquisition of Activision Blizzard than Microsoft paid them to allow it.” Fixed your headline.