Facebook has joined Amazon in expressing concern over the sudden rise of antitrust hawk Lina Khan as FTC chairman by demanding that she be challenged from all decisions relating to the company. The argument, more or less the same as Amazon’s, is that prior to his appointment Khan was too outspoken about his professional opinion that companies like these break antitrust rules.
In a letter filed with the FTC and obtained by the WSJ, which the agency could not provide and declined to comment, Facebook explained that the last few years of Khan’s academic publications and articles in other media amounted to a challenge to decisions about the company. (I have asked Facebook for a copy of the petition and will update this post if I receive it.)
“President Khan has always made public statements not only accusing Facebook of conduct that deserves disapproval, but specifically expressing her belief that the conduct meets the elements of an antitrust offense. When a new commissioner has already made factual and legal findings and considered the target to be an offender, due process requires that person to recuse himself, ”the petition reads.
Neither the FTC nor Khan in any capacity responded to challenge requests from Facebook and Amazon. She noted in her appointment process that challenge requests like these occur and are resolved on a case-by-case basis (unlike automatic challenges for reasons like financial or personal interests). Maybe even now that she’s meeting the ethics experts at the agency.
Khan has, however, certainly made his political positions known in numerous articles and documents, many of which have argued that antitrust regulators have been very conservative in their interpretation and deployment of their legal powers, and equally permissive in their oversight of the current crop. huge tech companies. Things like acquiring competitors, artificially lowering prices to put pressure on a market, or misrepresenting the collection and use of customer data have gone unchallenged or little punished.
She notably served as legal counsel for the Chamber’s investigation into competition in digital markets, an antitrust report released last fall. Amazon and Facebook are building on cases from 1966 and 1970 where an FTC commissioner was challenged for “prejudicing” a case during a congressional inquiry in which he participated. It’s a promising hook to hook a deal, of course, but the circumstances are by no means equivalent. I’m not a lawyer, but it seems to me that no specific case or even allegation has been prejudged, only the general idea that Facebook, Apple, Google and Amazon all have monopolies or have market power. (They didn’t care much when the report was released.)
The main conclusion of the House report, in fact, was arguably that there could be no legal case because the existing laws and regulations are insufficient. Granted, Khan has been shouting this from the rooftops for a few years now, but the conclusion is a legislative issue, not an FTC issue. It would be very difficult for Khan to have prejudged an antitrust case based on laws that have yet to be written.
Khan’s FTC suffered an early setback under his watch, but not on his part in dismissing some complaints in the agency’s current antitrust case against Facebook. It was for lack of evidence that the company has monopoly control over social media that the judge asked the FTC to come back and try again. Maybe Khan intends to remedy this with an additional case, or maybe she will take the loss and muster her strength for another attempt in a year or two, but either way, he is. probably best to resolve the issue of his alleged “prejudice” before this decision. is announced. (The FTC declined to speculate on whether the recusal request would affect the ongoing proceedings.)
But the agency also has explicit White House support in the form of President Biden’s request to prioritize “dominant internet platforms, with particular attention to acquiring nascent competitors, serial mergers. , data accumulation, competition for free products, and the effect on user privacy. So Khan probably doesn’t feel the sting of the aforementioned legal challenge.
Petitions filed by Amazon and Facebook present near zero risk to businesses and an outside chance of provoking a challenge, so it makes strategic sense to file them. They also provide breadcrumbs later for their inevitable objections to the FTC’s (under Khan, equally inevitable) allegations of monopoly practices. Legal repercussions are difficult to predict, but it’s usually better to have a complaint already on the table than to file it late in the process.
Given President Khan’s position that the FTC itself needs to be overhauled and empowered in order to take actions like this against companies like Facebook, it seems clear that all of these are just the first games of a long, long game.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]