Antitrust investigations aren’t the biggest threat to Facebook’s future
I.
A week from now, Facebook’s Mark Zuckerberg will be among the CEOs appearing before the House of Representatives’ antitrust committee. Today let’s check in on how the Federal Trade Commission’s antitrust case is developing.
The first thing to say is that the case is developing slower than expected. Once on track to wrap up before the US presidential election, it now appears that the case will arrive afterward — if at all, Cecelia Kang reports in the New York Times:
The investigation into whether the tech giant has broken antitrust laws continues to move along, said the people, who spoke on the condition of anonymity because the investigation was private. A round of document production from the company and its rivals was done in the...
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