Internal FTC Memo Announces Major Cuts Ahead of Tech Giant Action
▻https://onezero.medium.com/internal-ftc-memo-announces-major-cuts-ahead-of-tech-giant-action-8e
Late last month, David Robbins, executive director of the Federal Trade Commission, sent a sullen memo to all staff. The agency is at the forefront of the U.S. government’s effort to check the tech giants’ imposing power. It’s examining how Amazon uses its marketplace to squeeze suppliers. And it’s poised to bring an antitrust lawsuit against Facebook any day now. Yet Robbins wasn’t there to deliver pats on the back : He was announcing a wave of significant cost cuts that could harm the FTC’s (...)
#Amazon #Facebook #domination #GAFAM #licenciement #lobbying #FTC