I’m interested to see what lemmy thinks of this, I honestly haven’t kept track of the potential options.

  • Andy@slrpnk.net
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    4 months ago

    If I can be frank, I’m reading from your tone that you’re not here for polite, factual persuasion. But if I’m wrong, or someone else sees this, I gotta drop a fact check on the ‘Lina can’t win cases’ myth:

    https://www.thebignewsletter.com/p/out-with-a-bang-as-ftc-beats-the

    More practically, this loss discredits the main argument from Wall Street. Dealmakers, and thinkers like Larry Summers, have often said that while Biden antitrust enforcers are aggressive, if corporations are willing to go to court, the government is likely to lose because judges won’t let them rewrite the law. This narrative was so strong that Lina Khan and Jonathan Kanter were questioned in Congress as to whether they were even trying to win. It’s always been a narrow and bad faith critique, but this victory, plus, the win in the Fifth Circuit over Illumina, should put that narrative to rest. Antitrust lawyers will tell their clients to go to court at their peril.

    It’s kind of a deep dive, but it’s worth it.

    • sunzu@kbin.run
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      4 months ago

      This issue won’t be solved via executive agency.

      It requires an act of congress since the current regulatory regime is broken.

      She just got put in place for act like feds are doing something. It is a circle jerk.

      I get that y’all spinning anything you can latch on as a W for the Democrats such as people are making more money under biden … lol

      If you think that limp dick FTC has the power or the legal underpinning to regulate mega corps in 2024… Have fun!