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Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
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Jan 20 • 4 tweets • 1 min read
WH just sent a readout of the meetings today on the #antitrust legislation. Readout of Listening Session on Addressing Barriers to Compe
Attendees included:
Deputy CoS Bruce Reed
NEC Director Brian Deese
Mike Molson Hart, Founder, ViaHart
Gabriela Mekler, Founder, Mumi Design
Paul Sanders, Founder, eLuxury
Gina Schaefer, CEO, A Few Cool Hardware Stores
Patrick Spence, CEO, Sonos
Jeremy Stoppelman, CEO, Yelp
WH closed meeting by saying "that the Administration will continue to take all responsible actions within its power to promote competition. They further stated that they look forward to working with Congress to make bipartisan progress on the issue"
Yelp’s take on the meeting blog.yelp.com/news/this-is-a…

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More from @leah_nylen

Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
Jan 20
Senate Judiciary markup on S 2992 underway. Sen. Durbin says there are 102 (!) amendments that have been filed. It's gonna be a day.
And now we're on the bill for real.
Klobuchar: "“We have to look at this differently than just startup companies in a garage that’s not what they are anymore. They are dominant companies. ...And we haven’t meaningfully updated our antitrust laws since the birth of the internet.
Read 65 tweets
Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
Jan 19
We are at Day 18 of Dry January. My best finds so far. 1) If you are not already familiar with the wonderfulness that is Athletic Brewing Co., you should do so immediately. I am partial to the amber, though my partner prefers the IPAs athleticbrewing.com/collections/be…
Boulevard Brewing Co and Athletic also teamed up for this deliciousness boulevard.com/beerinfo/flyin…
Most non-alcoholic wines I have tried aren't good. They have a weird aftertaste and just seem like not great imitations of the real thing. BUT, I have developed a deep love of Only You. I may like the rose bubbles more than real rose bubbles dcanterwines.com/only-you-alcoh…
Read 5 tweets
Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
Jan 14
A 🧵on Google’s Project Bernanke, one of the way the states allege that Google manipulated online ad auctions to its benefit
The newly unsealed complaint includes a ton of details about HOW Google allegedly manipulated its online ad auctions. To follow how it worked, you need to know a little bit about how different types of auctions work.
The type of auction on TV w/ people raising their hands in the air is known as a “first-price” auction. Everyone bids in the open and the highest bidder wins. Simple. So, if Henry bids $19, Alice bids $18 and Scott bids $9 — Henry wins and pays $19.
Read 15 tweets
Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
Dec 2, 2021
ftc.gov/news-events/pr…
Nvidia's response: "As we move into this next step in the FTC process, we will continue to work to demonstrate that this transaction will benefit the industry and promote competition. /1
"NVIDIA will invest in Arm’s R&D, accelerate its roadmaps, and expand its offerings in ways that boost competition, create more opportunities for all Arm licensees and expand the Arm ecosystem. /2
Read 4 tweets
Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
Nov 20, 2021
Today was supposed to be my first day of vacation, but since the FTC dropped stuff at 10 pm last night, I spent the morning reading documents and taking a trip down memory lane to the 1980s.
AMREP Corporation = American Realty & Petroleum Corporation. It started out as an oil and gas leasing company in Oklahoma but then started buying up unused land and reselling it to potential homebuyers to build suburban subdivision.
In 1975, the FTC sued AMREP for false and misleading sales practices. The FTC said AMREP misrepresented the growth rates of the areas where these subdivisions were located to make these lands seems more attractive as investments than they were.
Read 24 tweets
Leah AntiTrustButVer1fy Nylen 🐧 Profile picture
Nov 19, 2021
And second, an update on "zombie voting." (Story and leaked doc for Pros here): subscriber.politicopro.com/article/2021/1…
When I first started reporting on this story, I asked the FTC for a copy of its voting rules. The agency said no, and asked me to submit a FOIA request. politico.com/news/2021/11/0…
The voting rules aren't part of the FTC's public rules of procedure. Instead they are in another document, The Office of the Secretary's Manual ecfr.gov/current/title-…
Read 9 tweets

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