The Financial Times, February 14, 2024:
Brussels has ramped up its fight against any anti-competitive behaviour by Big Tech giants…
Last month, Amazon abandoned its ambitions to buy Roomba maker iRobot for $1.45bn after it was facing a veto on the deal in Europe and a likely similar fate in the US. Amazon executives were quick to point out that their ditching of the deal would be bad for consumers and innovation.
David Zapolsky, Amazon’s senior vice-president, warned: “This outcome will deny consumers faster innovation and more competitive prices.”
Joe Biden's FTC, run by Lina Khan, a central planner admired by “Khanservatives” such as ...
