US EditionAntitrust at the Agencies: More Process, Mo’ Money Edition
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Antitrust at the Agencies: More Process, Mo’ Money Edition
The White House announced a slate of administrative nominations Jan. 13, including David MacNeil—founder and CEO of WeatherTech—to fill the Federal Trade Commission (FTC) seat vacated by Melissa Holyoak, who left last November to serve as interim U.S. attorney for the District of Utah. MacNeil made his fortune by importing and later manufacturing (here in the United States) aftermarket auto floor mats and accessories. Forbes describes him as a M…
The Federal Trade Commission (FTC) has stated that it will appeal the decision in favour of Meta in its antitrust lawsuit against the social media giant. The FTC continues to assert that, for more than a decade, Meta Platforms Inc. has "illegally maintained a monopoly" in the social media field through anti-competitive practices "by purchasing important competitors that it identified as a threat, namely Instagram and WhatsApp".Mark Elliot Zu...
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