Zuckerberg's opening statement was really good. The part about the expansive nature of the relevant competition here is so important:
Geoffrey Manne
18.2K posts
Geoffrey Manne
@geoffmanne
President & Founder, @laweconcenter. Visiting Law Prof., IE University (Madrid). Focus on antitrust, telecom, regulation, privacy, data, IP, etc.
- I'm no expert, but I *think* we can safely conclude that stupid zoning laws impede housing construction: Santa Monica got 2 decades-worth of housing unit permits in 8 months. How? It accidentally abolished its zoning code. Paging @AlecStapp @s8mb and, well, everyone.
- Back in my day, all we got for law review was clerkships, and high-paying jobs, and research and Bluebooking skills, and academic contacts, a publication, and general prestige. I’m glad someone is finally trying to correct this horrific injustice.The Stanford Law Review has joined a nationwide coalition of law reviews advocating for compensation for our labor. We encourage other law reviews to join.
- These are not serious people. EU: We don’t want you to do things in Europe that might be unfair. Apple: OK, so we won’t do some things in Europe that you might think are unfair. EU: How dare you!?
- Great thread clearing up the confusion around the FTC’s Twitter demand letters. Tl;dr: These are not ordinary course demand letters. It’s hard to escape the conclusion they’re a politically motivated fishing expedition.I've looked at (and revised, even) dozens of consent orders. Douglas provides a standard description of why the FTC has consent orders and how enforces them through demand letters. BUT THE DEMAND LETTERS TO TWITTER ARE NOT STANDARD. 🧵1/11
- It is quite telling that FTC defenders count any abandoned merger as a "win." That's true only in a world where every merger is bad or you think the FTC is omniscient. The current FTC claims it doesn't think every merger is bad, all evidence to the contrary. But when supportersYet another(!) FTC win: John Muir's anticompetitive hospital takeover abandoned ~a month after enforcers sued to block it. For those keeping score at home: in < 1 week, FTC has blocked 3 mergers, announced a rulemaking, & issued final merger guidelines. ftc.gov/news-events/ne…
- You might ask yourself, "why the f*ck is a gov't bureaucrat designing Amazon's website at all?!" politico.eu/article/eu-mar…
- You can be noble and understand that people who have different views of what makes for a good society can still be decent, or you can be the guy who thinks he has the vision of the anointed.
You can make money in many noble ways in this country, or you can be the lawyer who represents pharma, tobacco, and helps Facebook try to declare the FTC unconstitutional. davispolk.com/lawyers/james-… - Replying to @JohnHCochrane and @AlecStappBut you gotta love the EU’s response when they (partially) do so:These are not serious people. EU: We don’t want you to do things in Europe that might be unfair. Apple: OK, so we won’t do some things in Europe that you might think are unfair. EU: How dare you!?
- "anti-trust," of course.What phrase signals that the person using it doesn't understand your field? Example: "Computer error."
- People really miss how important the culture of entrepreneurship is in the U.S. — and how unique it is. The relentless effort to regulate away our superpowers is truly depressing.The new Biden AI executive order issues broad and quite amorphous calls for expanded government oversight across many other issues and agencies, raising the risk of a “death by a thousand cuts” scenario for AI policy in the US. The EO appears to be empowering agencies to
- The mindset that produces this tweet is the problem.
- Meanwhile, social media was the only place you could find ppl intelligently questioning Hamas’ narrative & working to provide a more accurate account. Were there Hamas apologists writing on X too? Yes. But they were challenged on X, while the MSM just swallowed their story whole.Maybe it's the NY Times, AP and Washington Post who should be answering questions. Yesterday's blatantly false reporting about the Gaza hospital was completely irresponsible and should make everyone question why they are deliberately spreading misinformation.
