Acts
Name two out of the three acts mentioned
Sherman Act, Clayton Act, Federal Trade Commission Act
What messaging apps did Meta acquire?
Instagram & WhatsApp
How many state attorney generals sued Apple?
16 state attorney generals
Which Act does the FTC enforce?
The Clayton Act
What two federal agencies support these acts?
DOJ & FTC
What is the FTC's claim over suing Meta?
They have a monopoly over personal social networking
Name a company that has helped Apple maintain its market power by collusion/acquisition.
Google, Beats by Dre, NeXT Software
What are two primary reasons the FTC sues a company over?
Consumer Protection & Competition Laws
What's the difference between the Sherman and Clayton Act?
Sherman Act is aimed at preventing monopolies in general. The Clayton Act addresses specific practices that create those monopolies such as mergers & it protects individual's powers