The Federal Trade Commission (FTC) is prosecuting tech giants like Meta, Microsoft, and Amazon for monopolizing personal social networking.
Meta is being pressured to divide Facebook, Instagram, and WhatsApp, while Microsoft was targeted for acquiring Activision Blizzard.
The FTC’s merger policy discourages startup investment, and Amazon is preparing to sue for unlawful competition.
Lina Khan, the FTC chair, has made Big Tech her priority, suggesting rethinking antitrust rules to rein in IT industry anticompetitive behavior.