Brookings Institution: Facebook’s FTC court win is a much-needed wake-up call for Congress

Brookings Institution: Facebook’s FTC court win is a much-needed wake-up call for Congress. “Three elements in the court decision bolster the case for change by revealing how US antitrust law as conceived and practiced today is unable to cope with the growing challenges of Big Tech. The many references in the opinion to ‘lawful monopolies’ underscore that current antitrust doctrine, a durable monopoly is not illegal. Indeed, current doctrine also encourages companies to treat the goal of a permanent lawful monopoly as an incentive to develop an attractive new technology or service.”

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