New York attorney general Letitia James said a Facebook breakup was “on the table”. Last week, New York attorney general Letitia James, who leads 48 other attorneys general on Facebook’s illegal competition lawsuit, told Bloomberg Businessweek that she was considering breaking up the tech giant because “Facebook’s monopoly harms consumers, the market harms advertisers harms. ” One method, she said, would be to end the Instagram and WhatsApp acquisitions that Facebook acquired in 2012 and 2014, respectively. The Federal Trade Commission, which helped clear up the two Facebook acquisitions, filed a similar complaint last year in hopes of dismantling the company because of its “illegal monopoly”. The FTC has stated that it is questioning both the acquisitions and the company’s conduct. Here’s what three antitrust experts had to say about the split from Facebook. Separating from Facebook would lead to more competition in the social media market, which, according to Harry First, professor of law at New York University, would be good for users. “The main beneficiary of competition should be consumers. We should get more of the things we want and prefer,” said First, who was previously the chief antitrust officer in New York’s attorney general.
The CPI (M) selected Arya Rajendran, 21, as its candidate for mayoral after the party’s district and state committees approved her candidacy. She is a first-time advisor to the Mudavanmugal Division of Thiruvananthapuram. Arya Rajendran …………[Read more]
All you need to know is to apply for a visa to travel abroad to the UAE within COVID-19 restrictions
Many countries have also started visa services in the UAE amid the COVID-19 pandemic allowing travelers to travel abroad during the winter holidays. Those planning to travel abroad should follow the new guidelines now when …………[Read more]
Badriah Al-Ghanem, Director General of Administration of Scholarships for Employees at the Ministry of Education
Badriah Al-Ghanem, who has been associated with the Ministry of Education as Director General of Scholarship Management for Ministry Employees since 2019, was promoted to 14th place by royal decree. Al-Ghanem received a degree in …………[Read more]