Policing Facebook Under a Biden Administration

Photo: Graeme Jennings-Pool/Getty Images The beginning of Joe Biden’s presidency is coinciding with a legal and cultural reckoning over the power of big tech. But actually ensuring that companies like Facebook and Amazon are held accountable requires something that has often been lacking in Washington: aggressive government oversight.

The second area is we have a lot of large tech companies under order right now with the Federal Trade Commission for different kinds of violations — privacy, for example. We need to make sure that those orders are being complied with. We need to be following up with enforcement actions where they’re not, and that needs to be a top priority.

Another thing to think about: Over the past ten years, the number of merger filings that we’ve gotten, mergers that we could potentially investigate, has doubled. I haven’t done the math on our latest budget round, but before this point, as the filings had doubled, our budget had increased about 10 percent. The budget is not keeping pace with the workload.Slaughter: Yes. Yeah, they’re flooding the zone. I don’t think the under-resourcing is accidental.

They sort of dared us to do that, and when we did, they walked away from the mergers. They said, oh, wait, we don’t think we’re going to win on the law. We don’t want to go through this process in court, and they walked away. So, our willingness to go to court and make those demands publicly, I think is an important part of our ability to be deterrent.

Slaughter: Yeah. The lawsuit talks about, basically a pattern of behavior ongoing over many years, that includes not just these big well-known acquisitions, but the general approach of the company that, rather than competing, they would rather buy competition and take it off the marketplace. That’s not what our antitrust laws want companies to do. We want companies to go out there and vigorously crush their competition by providing a better product and better services for consumers.

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