Big tech companies have become essential to many of our daily activities--how we keep in touch with friends and family, how we find information, and how we get news about current events. At the same time, pundits say big tech is also too complex to break up -- and doing so would have far-reaching implications.
The Federal Communications Commission's Wireline Competition Bureau, in conjunction with the Rural Broadband Auctions Task Force and the Office of Economics and Analytics, authorized Rural Digital Opportunity Fund support for 466 identified winning bids. The FCC will also soon post a state-level summary on the Auction 904 webpage.
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Kathryn de Wit moderator |
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Matt Schmit |
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Peter Voderberg |
Federal Trade Commission Withdraws Vertical Merger Guidelines
The Federal Trade Commission voted to withdraw its approval of the Vertical Merger Guidelines, issued jointly with the Department of Justice (DOJ), and the FTC’s Vertical Merger Commentary. The guidance documents, which were published in 2020, include unsound economic theories that are unsupported by the law or market realities. The FTC is withdrawing its approval in order to prevent industry or judicial reliance on a flawed approach. In voting to withdraw, the FTC reaffirmed its commitment to working closely with the DOJ to review and update the agencies’ merger guidance.
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