Everybody Sues Facebook
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 11 December 2020
⏱️ 21 minutes
🧾️ Download transcript
Summary
This week, the FTC and more than 40 state attorneys general brought antitrust lawsuits against Facebook. And they’re not pulling their punches. They are calling for Facebook to spin off Instagram and WhatsApp into independent companies. In other words, breakup.
The lawsuits represent some of the most significant antitrust action in the United States in the last 40 years. Will they get results?
Guest:
Tony Romm, tech policy reporter at the Washington Post
Host
Lizzie O’Leary
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Tony, I feel like you're our antitrust guy these days. |
| 0:09.0 | It's like deja vu, isn't it? |
| 0:11.4 | I called up Tony Rom from the Washington Post again, because for the second time in three months, |
| 0:17.2 | the government is going after big tech, and that's his beat. |
| 0:21.8 | The last time we called you was Google. So here we are again. Yeah, here we are. Weeks later, and we have another |
| 0:27.0 | tech company getting the crapsuit out of it by the U.S. government. Not the technical term, |
| 0:32.6 | but I'll allow it. We all attended the news conference on Zoom and swept hands yesterday |
| 0:37.0 | when Attorney General Letitia James in New York announced that she was going to bring this massive case against Facebook. |
| 0:43.2 | No company should have this much unchecked power over our personal information and our social interactions. |
| 0:51.3 | And that's why we are taking action today and standing up for the millions of consumers |
| 0:56.7 | and many small businesses that have been harmed by Facebook's illegal behavior. |
| 1:04.8 | The lawsuit from New York and Letitia James wasn't the only shot taken to Facebook on Wednesday. |
| 1:11.1 | 46 other states, D.C. and Guam joined the suit, and the Federal Trade Commission filed its own lawsuit. |
| 1:18.3 | The lawsuits describe a company that became a monopoly through a ruthless strategy known as copy, acquire, and kill. |
| 1:26.4 | I mean, the state complaint in particular, you know, I think it's over, what, 120 pages or so, |
| 1:30.6 | kind of tells this very, very detailed story about more than a decade of work on the part of |
| 1:36.1 | Facebook to really buy or kill some of its competitors. |
| 1:40.1 | And so I think the overall thrust of those complaints, the fact that there was so much |
| 1:44.5 | information packed in them, combined with the very ambitious relief that the federal |
| 1:48.9 | government sought, really did kind of surprise some people. |
| 1:52.3 | In other words, there was all that wondering over the years about whether the government |
| 1:56.1 | was really going to go after Facebook. |
... |
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