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Re:FTC Sues Facebook for Illegal Monopolization by sigmar on Wednesday December 09, 2020 @04:04PM (#25364957)
For perspective, the acquisition was before IG had ads and before Facebook was publicly traded. How was the FTC supposed to magically see the future anti-competitive actions (like blocking vine)?
Re:FTC Sues Facebook for Illegal Monopolization by mrits on Wednesday December 09, 2020 @04:11PM (#25365055)
That same perspective shows that the industry has evolved since then. If FTC can't be held accountable for not predicting the future neither can Facebook. Of course, I don't believe this at all since anyone in the industry knew exactly why Facebook would buy Instagram, especially the FTC.
Re:FTC Sues Facebook for Illegal Monopolization by packthetop on Wednesday December 09, 2020 @04:55PM (#25365791)
> If FTC can't be held accountable for not predicting the future neither can Facebook.

Something tells me the FTC isn’t going to be amenable to “gotcha” arguments

Re:FTC Sues Facebook for Illegal Monopolization by pb7 on Wednesday December 09, 2020 @06:22PM (#25366916)
Are we not holding the government to a higher standard than private companies now or what? The FTC's entire job is to do these types of analyses. It's unfortunate that we're so used to the government being dismally incompetent in every way.