What the FTC Is Looking for When Scrutinizing Big Tech Companies

The video discusses the application of antitrust laws to technology companies, highlighting the large market shares of companies like Google, Apple, and Facebook. It explains that antitrust laws do not punish companies for being big but focus on anti-competitive behavior. Paul Romer suggests that traditional antitrust laws may not address current issues, such as the influence of tech leaders on elections. The video also covers the historical context of antitrust laws and the ongoing efforts to adapt them to modern challenges, including network effects and technological advancements.

What role does the Department of Justice play in enforcing antitrust laws?

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How have historical events influenced the approach to antitrust laws in the context of new technologies?

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