Hillicon Valley: Antitrust leaders demand regulators pursue Fb | FTC expenses chipmaker | GoPuff employees converse out
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A district judge’s decision earlier this week to dismiss the Federal Trade Commission’s complaint against Facebook was in the spotlight on Friday, with Congressional antitrust officials calling on the agency to pursue the case. In the meantime, the FTC has advanced another antitrust case – it accused the chip supplier Broadcom of monopolizing the market.
LARGE 4 LARGE 4: The leading antitrust authorities in Congress are calling on the Federal Trade Commission (FTC) to continue its monopoly case against Facebook.
In a letter Friday, Sens. Amy KlobucharAmy Klobuchar – Amy Klobuchar’s antitrust victory marks a major test for new FTC chief Klobuchar to hold a voting rights hearing in Georgia on July 19. Non-partisan senators ask CDC, TSA when they will update mask guidelines for travelers MORE (D-Minn.) And Mike LeeMichael (Mike) Shumway LeeYoung Republicans see a shift in the GOP: “From total disapproval to climate committee” bipartisan senators ask the CDC, TSA when they will update the mask guidelines for travelers (R-Utah) and reruns. David CicillineDavid Cicilline Facebook Cartel Victory Is Big Test For New FTC Chief Biden: “Pride Is Back In The White House” Biden Signs Bill To Designate The National Pulse Memorial In Orlando MORE (DR.I.) and Ken BuckKenneth (Ken) Robert BuckFacebook cartel victory represents great test for new FTC boss Hillicon Valley: Court dismisses FTC, state cartel proceedings against Facebook YouTube “mistakenly” suspends Right Wing Watch | Report Finds Costs Of Cyber Attacks Could Exceed Natural Disasters Court Dismisses FTC to Open State Antitrust Proceedings Against Facebook MORE (R-Colo.) Urged the chief of the regulator Lina KhanLina KhanHillicon Valley: FTC Votes To Expand Antitrust Enforcement Powers | US and UK authorities warn of Russian hackers targeting hundreds of groups with “brute force” | Trump Allies Launch New Social Media Platform FTC Votes To Expand Antitrust Enforcement Powers On The Money: IRS Faced With 35 Million Pending Tax Returns | Robinhood pays a record million dollar severance payment MORE prosecute enforcement actions against the social media giant despite an unfavorable court ruling earlier this week.
US District Court judge James E. Boasberg sent the FTC’s case back to the agency on Monday, ruling that it had not provided enough evidence to support claims that Facebook controls over 60 percent of the personal social networking market.
The FTC had 30 days to re-file their complaint. The agency also has the option to bring charges against Facebook through its internal court.
Legislators, who are the chairs and senior members of the Senate and House Antitrust Subcommittees, urged the FTC to “examine all options available under the law to ensure that the commission’s demands are given a full and fair hearing before the Court received ”.
CHIP SUPPLIER CALCULATES: The Federal Trade Commission (FTC) announced on Friday that it was accusing chip supplier Broadcom of monopolizing the market.
The Agency said The company used exclusive contracts to monopolize semiconductor components used in the delivery of television and broadband Internet services.
The FTC has also put forward a proposed consent order for the company that would pay the fees if Broadcom stops the exclusive deals they are putting on their customers.
“We are excited to resolve this broadband issue with the FTC on terms broadly similar to our previous deal with the EU [European Commission] with the same products, ”said a Broadcom spokesman.
Read more here.
GOPFF CONCERN: GoPuff drivers publicly urge the delivery app to improve the treatment of workers for the first time as the company continues to expand rapidly.
In an open letter published Thursday in partnership with labor rights group Working Washington, 24 goPuff drivers called for a viable wage, real flexibility and more control from managers. The organizers hope that even more will register in the coming days.
GoPuff – which offers fast delivery of a variety of products in its own warehouses across the country – has seen relatively little organization among its workforce compared to other gig economy companies like Uber, Lyft or Instacart.
However, that is changing with the company’s growth to 450+ warehouses during the pandemic and a surge in new hires that brought its valuation to nearly $ 9 billion earlier this year.
The Hill has spoken to half a dozen goPuff drivers over the past few months who have described the work environment there as the worst of both worlds: all the rigid time constraints and conflicts of running a traditional job without the safety net that full employment offers.
BRANSON’S RACE TO BEAT BEFORE: Virgin Galactic announced Thursday that it will conduct its first full-crew test flight with company founder Richard Branson on July 11, just days before the Amazon founder Jeff BezosJeffrey (Jeff) Preston BezosVirgin Galactic announces spaceflight with founder to launch July 11th, before Bezos Woman was dropped from astronaut program in 1960s because the gender joined Bezos in space Will Streaming Broadcast and Cable News Kill? MORE is supposed to take off from earth with his own spaceship.
The British-American space company said in a press release that the “Unity 22” mission will be the 22nd test flight for the VSS Unity spacecraft and the fourth crewed mission for the company.
Branson, who the company said will “test the private astronaut experience,” will be accompanied on the flight by two pilots and three other mission specialists.
Read more here.
A comment on chewing: The Tweet Heard Worldwide: A Message For Space Tycoons
Light click: The holiday weekend is coming
NOTABLE LINKS FROM THE WEB:
Internal Apple poll shows Hybrid work model concerns (The Rand / Zoe Schiffer)
How much Make money with TikTokers, according to the makers (Insider / Dan Whately)
What if Facebook is regulated? Fails? (Wired / Said Vaidhyanathan)