Facebook's Antitrust battle begins

An episode of the 1 big thing podcast, hosted by Axios, titled "Facebook's Antitrust battle begins" was published on December 10, 2020 and runs 10 minutes.

December 10, 2020 ·10m · 1 big thing

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Summary

On Wednesday, both the Federal Trade Commission and a coalition of attorneys general from 48 States and territories filed lawsuits against Facebook. The two parallel sets of lawsuits accused the company of violating anti-trust laws by creating a monopoly on social media, using the company's vast amount of money and data to stifle competition. Plus, the investigation into Hunter Biden's taxes. And, big tech's racism problem. Guests: Axios' Scott Rosenberg, Mike Allen and Ina Fried. Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Carol Wu, Cara Shillenn, Nuria Marquez Martinez, Dan Bobkoff, Sara Kehaulani Goo, Alex Sugiura and Naomi Shavin. Music is composed by Evan Viola. You can reach us at [email protected]. Go deeper: FTC and states sue Facebook for illegally stifling competition Hunter Biden says he’s under federal tax investigation Scoop: Google CEO pledges to investigate exit of top AI ethicist

Episode Description

On Wednesday, both the Federal Trade Commission and a coalition of attorneys general from 48 States and territories filed lawsuits against Facebook. The two parallel sets of lawsuits accused the company of violating anti-trust laws by creating a monopoly on social media, using the company's vast amount of money and data to stifle competition. Plus, the investigation into Hunter Biden's taxes. And, big tech's racism problem. Guests: Axios' Scott Rosenberg, Mike Allen and Ina Fried. Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Carol Wu, Cara Shillenn, Nuria Marquez Martinez, Dan Bobkoff, Sara Kehaulani Goo, Alex Sugiura and Naomi Shavin. Music is composed by Evan Viola. You can reach us at [email protected]. Go deeper: FTC and states sue Facebook for illegally stifling competition Hunter Biden says he’s under federal tax investigation Scoop: Google CEO pledges to investigate exit of top AI ethicist

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