Lina Khan

@linamkhan

I write about antitrust & antimonopoly. Associate Professor of Law, Columbia Law School.

Dołączył luty 2011
165 zdjęć lub filmów Zdjęcia i filmy

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  1. Przypięty tweet
    28 lut 2017

    Amazon's dominance poses anti-competitive concerns - but antitrust law fails to grasp them. My piece explaining why:

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  2. podał/a dalej
    23 godziny temu

    Breaking: Judge says he'll certify fighters' landmark multibillion dollar antitrust class action against UFC ():

    New: My feature in the next issue of , on mixed martial artists' $5 billion lawsuit accusing UFC of exploiting monopoly power to suppress their pay “This case essentially aims a pretty sharp spear directly at the heart of contemporary antitrust law.”
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  3. podał/a dalej
    9 gru

    OK, I've now taken a tour through the 128 pages of the state lawsuit. I can hear all of the hot takes now but let me just say for the record - this is exactly the lawsuit I hoped that they would file against the company. /1

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  4. 10 gru

    Worth treating skeptically claims that divestiture of Instagram & WhatsApp would be technologically infeasible or cripplingly burdensome. Here's what a former Instagram employee told the House Antitrust Subcommittee during its investigation:

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  5. podał/a dalej
    10 gru

    how it started how it’s going

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  6. 10 gru

    15. FB is now following this playbook in the virtual reality space. Quoting & House report, Bloomberg notes FB is using same "copy-acquire-kill" strategy it used to monopolize social networking. Key task for enforcers is to prevent a repeat

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  7. 10 gru

    14. And just this week Facebook purchased Kustomer, a business software company, reportedly for ~$1 billion. So two days before being sued by the federal government & 48 AGs for a series of illegal acquisitions, Facebook made another acquisition.

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  8. 10 gru

    13. Notably, during the course of the investigation FB acquired Giphy, which FB could use to deprive rivals of access and/or to collect significant data. FB didn't report the deal to enforcers, presumably bc it was structured to avoid reporting thresholds.

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  9. 10 gru

    12. States request FB be prohibited from deals valued at or > $10million without first informing the states, & that FB submit deal-related disclosures it'd make to FTC/DOJ. This is potentially very significant. 48 AGs would have chance to review these deals, not just FTC/DOJ.

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  10. 10 gru

    11. Finally, both FTC's and states' request for relief includes requirements that would implicate future acquisitions. FTC requests "a prior notice and prior approval obligation for future mergers and acquisitions."

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  11. 10 gru

    10. Many of the Instagram docs cited build on the material the House Antitrust Subcommittee made public through its investigation. In July confronted Zuckerberg with some of this evidence

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  12. 10 gru

    9. Interestingly FTC sued only under Sec 2, not Sec 7. Also notable that many of the docs cited to show Instagram & WhatsApp purchases were illegal were available at the time FTC reviewed the deals (though FTC investigated only Instagram ($1bn) in depth, not WhatsApp ($19bn)).

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  13. 10 gru

    8. States discuss several other competitive threats FB acquired or cut off from APIs. Complaint marshals full set of facts in a very effective way. Net effect is clear picture of how FB's conduct was systemic, exactly what you want for Sec 2 (though states also sued under Sec 7).

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  14. 10 gru

    7. States also describe how acquiring Onavo (& the surveillance of rivals it enabled) was key to FB's strategy for identifying competitive threats at the earliest stages. They note FB foreclosed other firms from having access to Onavo data.

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  15. 10 gru

    6. Also very glad to see states connect FB's monopolization to all around quality degradation, including increase in ad load, proliferation of fake accounts, and inaccurate performance & other metrics for advertisers (see, e.g., ).

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  16. 10 gru

    (5. At the time of the deal & raised alarms with FTC, prompting FTC to tell FB that reneging on WhatsApp's privacy commitments could violate law and/or a preexisting FTC order. This whole episode is absent from FTC complaint )

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  17. 10 gru

    4. States also note that when seeking approval for WhatsApp acquisition, FB told enforcers (including FTC) that it wouldn't combine data sets or use WhatsApp data for ads. A few years later it did so anyway. European Commission fined FB $122M for the deception. FTC did nothing.

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  18. 10 gru

    3. States' complaint also reveals a sophisticated understanding of harms. It notes FB entered market by competing on privacy, but degraded privacy once it had eliminated rivals & secured a safe monopoly position -- an echo of 's excellent work.

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  19. 10 gru

    2. States' complaint is especially impressive. Tight narrative, compelling facts, told in a way where the full force of the story really lands. It's a persuasive document, fully showcasing how Instagram & WhatsApp acquisitions were part of broader monopoly maintenance strategy.

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  20. 10 gru

    1. Solid complaints from FTC & 48 AGs suing Facebook for violating antitrust laws -- and requesting divestitures/breakups, among other forms of relief. Hopeful that it marks yet another step forward in the growing efforts to rehabilitate antitrust laws & recover antimonopoly.

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  21. podał/a dalej
    9 gru

    Good. Facebook is absolutely an out-of-control monopoly - one that has abused its market power to squash competition, manipulate democracies, and crush journalism. Thank you for leading the way. (Maybe when Instagram spins off they can change the bottom tabs back😉)

    BREAKING: The FTC and 48 states seek to break up Facebook as they accuse the tech giant of becoming a social media monopoly by illegally squashing competition by buying up rivals.
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