On July 28th, The New York Times released the article: F.T.C. Chair Upends Antitrust Standards With Meta Lawsuit. The article notes that Chair of Federal Trade Commission (FTC) “Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature. She faces an uphill climb…The onus will now be on the agency to convince a judge that its predictions about the metaverse and Meta’s purchase would harm competition.”
The article quotes AAI’s Diana Moss on the burden that the agency will bear in litigation:
“’The burden is on the F.T.C. to show, among other things, reasonable probability that Meta would have entered the V.R.-dedicated fitness apps market, absent its acquisition of Within,’ said Diana Moss, president of the American Antitrust Institute.”
