Facebook Pursued A 'Buy or Bury' Strategy with Its Monopoly Power: Sally Hubbard

The video discusses the antitrust case against Facebook, focusing on its alleged monopoly practices through a 'buy or bury' strategy. It highlights the role of the Clayton and Sherman Acts in prohibiting such monopolistic behavior. The discussion includes Facebook's defense, the evidence against it, and the muted global reactions. The video also explores potential remedies, emphasizing the need for structural reform to ensure fair competition in the tech industry.

What does the speaker believe is needed to address the issues with big tech companies like Facebook?

What does the text suggest is necessary for effective competition against Facebook?

What is the significance of the Cambridge Analytica scandal in relation to Facebook's business practices?