With its antitrust lawsuit against Meta, the FTC’s goal is to force the sale of WhatsApp and Instagram, Meta’s up-to-now most successful acquisitions. Wise minds inside the Trump administration will hopefully choose to drop a suit first introduced during by a Biden administration reflexively disdainful of big.
While the economic boom of the 1980s is frequently explained as a reversal of the high-tax, inflationary economic policies that prevailed in the 1960s and 70s, arguably just as important to 80s prosperity was a relentless unwinding of lumbering conglomerates formed in the decades before. It’s something to keep in mind as April 14th (when the court battle is set to begin) inches ever closer.
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