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This is the thing I have a hard time understanding, as far as I'm aware the FTC approved all this, these were not forceful takeovers. What would be the precede
by NikolaeVarius 6y ago
This is the thing I have a hard time understanding, as far as I'm aware the FTC approved all this, these were not forceful takeovers.
What would be the precedent if regulatory approvals could be challenged with a change in administration?
- bogwog 6y ago> What would be the precedent if regulatory approvals could be challenged with a change in administration? That's like someone is approved for a license to own a gun, then that person uses the gun to commit a crime, and then their license is revoked. Then someone points the finger at whoever it was that approved that person for a gun license. What would be the precedent if a merger approval gave you a free pass to be anti-competitive?
- artemisyna 6y agoI suppose the question then becomes "should the things that FB did with WhatsApp and Instagram since acquiring them be considered a crime"? I could see eyebrows being raised around interop work, but I'm not sure about the rest.
- thraway12 6y agoThe FTC is an executive agency with the enforcement equivalent of prosecutorial discretion. It's not a court.