Federal Trade Commission (FTC)

McDonald’s and Chipotle Mock the FTC’s Attacks On Meta and Instagram

In 1998, fast-food giant McDonald’s invested in a small Colorado burrito chain with just sixteen restaurants: Chipotle. Under McDonald’s leadership over the next seven years — and with an investment of $340 million — Chipotle expanded from its humble Colorado beginnings to over 500 restaurants nationwide. McDonald’s later sold its investment as Chipotle became […]

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Elaine Wynn and Las Vegas Shine Bright Lights On Backward Looking DOJ, FTC

There are no sacred cows in Las Vegas. That’s the source of the city’s immense prosperity. The past and present are relentlessly pushed aside to make room for the future. In July of last year, the recently passed Elaine Wynn attended the closing ceremonies of the Mirage Hotel. While the Mirage was at the

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With Its Antitrust Suit Against Meta, the FTC Brings Back the 1970s

With its antitrust lawsuit against Meta, the FTC’s goal is to force the sale of WhatsApp and Instagram, Meta’s up-to-now most successful acquisitions. Wise minds inside the Trump administration will hopefully choose to drop a suit first introduced during by a Biden administration reflexively disdainful of big. While the economic boom of the 1980s

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The FTC’s Andrew Ferguson Sounds Too Much Like Lina Khan

“Let’s get out of here. I don’t want to see anybody.” Those were the words of polymath thinker, actor, entertainer and director Mike Nichols (1931-2014) at the June 21, 1966 premiere of Who’s Afraid of Virginia Woolf?  Nichols was convinced he’d misfired with the film version of Edward Albee’s highly regarded play about marriage, and

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The FTC Will Derail Trump’s Presidency, If He Lets It

Sadly, it has become fashionable for politicians in both parties to demonize “big” business. Although capitalism has put supercomputers in our pockets, provided affordable chauffeurs (Uber) once only available to the extraordinarily wealthy, and a workforce increasingly freed from the physically demanding labor of the past in favor of new jobs tailored towards our

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