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Your Weekly Digest | Issue 212

Valur Thrainsson
4 min read

Good morning,

Here below, you find the most recent and relevant competition and anti-trust news, blogs and journal publications over the last week.

Enjoy :)

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Your Weekly Digest
Good morning,

Here below, you find the most recent and relevant competition and anti-trust news, blogs and journal publications over the last week. Enjoy :)
Facebook's 'monopoly' must be split up, US and states say in major lawsuits | The Guardian
Prosecutor says company has used power ‘to crush rivals’, with allegations centered on acquisition of Instagram and WhatsApp.
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The Federal Trade Commission today sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct. Read more. 
Merger would eliminate innovative nascent competitor for wet shave razors. Read more.
The CMA has issued advice to government on the design and implementation of the UK’s new pro-competition regime for digital markets. Read more.
The Facebook Antitrust Lawsuits Explained | The New York Times
Regulators accuse Facebook of buying up rivals. Here’s what this means for us and Big Tech.
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The Federal Trade Commission and 46 state attorneys general (along with the District of Columbia and the Territory of Guam) filed their long-awaited complaints against Facebook Dec. 9. The crux of the arguments in both lawsuits is that Facebook pursued a series of acquisitions over the past decade that aimed to cement its prominent position […] Read more.
Facebook Cannot Buy Its Way Out of Competition | The New York Times
Tim Wu
It wasn’t legal when John D. Rockefeller did it, and it’s still not legal.
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The Penguin Random House S&S Deal Is Bad for Democracy | The Atlantic
The Penguin Random House–Simon & Schuster deal threatens the values that the book business champions.
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The European Court of Justice issued its long-awaited ruling Dec. 9 in the Groupe Canal+ case. The case centered on licensing agreements in which Paramount Pictures granted absolute territorial exclusivity to several European broadcasters, including Canal+. Back in 2015, the European Commission charged six U.S. film studios, including Paramount,  as well as British broadcaster Sky […] Read more.
The government’s draft for new competition rules, including on (digital) platforms, published in September 2020 (see here) includes a provision specifically aimed at powerful digital gatekeepers, draft Section 19a ARC.  The proposal was debated in parliament on November 25, 2020, is largely expected to be adopted more or less in its current form and to... Read more.
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Kind regards, Valur Þráinsson, Founder of CompetitionFeed.com. Email: valur@competitionfeed.com
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