News

21 September 2021

To Compete or not to Compete

The FTC recently re-filed a lawsuit against Facebook for anti-competitive behaviour relating to its purchase of Instagram in 2012 and WhatsApp in 2014. Both transactions were approved at the time, but things have changed. Facebook has leveraged these purchases to become a monopoly in the Social Media world. Fortunately, the FTC wants to re-consider its approvals.

As early as 2008, Mark Zuckerberg, CEO of Facebook famously declared that “it is better to buy than to compete.” With Zuckerberg already on record as a big fan of anti-competitive behaviour four years earlier than the Instagram purchase, why did the FTC give its blessing to the transaction?

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Social

6 September 2021

If Anti-trust Laws, Content Controls & Regulations can’t fix Facebook – What can?

The Biden administration in the US is signaling its intention to update anti-trust regulations by appointing hot shot anti-trust lawyers to run the Federal Trade Commission (FTC), the National Economic Council and the Consumer Finance Protection Bureau. But will it be enough?

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Technology

5 January 2021

What’s In Store For 2021?

There is no doubt that when people read about 2020 in the history books they will think—“What a crazy year!”—and it really was. With natural catastrophes, political chaos, and a…

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Social

29 January 2020

Why Facebook is dangerous for business

Tell me if this story sounds familiar. A small company has an innovative idea. Its innovation results in a flourishing business. As business flourishes, its lone supplier cuts off all…

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