Author: Russell Brandom
Illustration by Alex Castro / The Verge
On Wednesday afternoon, the Federal Trade Commission and a coalition of 48 state attorneys general filed broad antitrust charges against Facebook, seeking a reversal of its acquisitions of WhatsApp and Instagram. Now, Facebook has responded to those charges in an extensive post titled “Lawsuits Filed by the FTC and the State Attorneys General Are Revisionist History,” written by general counsel Jennifer Newstead.
Newstead’s primary defense is that both acquisitions resulted in better products for consumers — an implicit reference to the “consumer harm” standard that has also been central to the Department of Justice’s case against Google.
“Regulators correctly allowed these deals to move forward”
“These transactions were intended to...
Continue reading…
Continue reading...
Illustration by Alex Castro / The Verge
On Wednesday afternoon, the Federal Trade Commission and a coalition of 48 state attorneys general filed broad antitrust charges against Facebook, seeking a reversal of its acquisitions of WhatsApp and Instagram. Now, Facebook has responded to those charges in an extensive post titled “Lawsuits Filed by the FTC and the State Attorneys General Are Revisionist History,” written by general counsel Jennifer Newstead.
Newstead’s primary defense is that both acquisitions resulted in better products for consumers — an implicit reference to the “consumer harm” standard that has also been central to the Department of Justice’s case against Google.
“Regulators correctly allowed these deals to move forward”
“These transactions were intended to...
Continue reading…
Continue reading...