Facebook Will Prevail in DOJ Big Tech Antitrust Probe: Wedbush Analyst

The transcript discusses Facebook's market dominance and potential anti-competitive behavior, focusing on advertising and regulatory challenges. It highlights the outdated nature of current laws and the political debate surrounding antitrust actions, particularly in relation to Facebook's acquisition of WhatsApp. The discussion includes perspectives from political figures like Elizabeth Warren and comparisons to past political promises.

What is the current price target set by Wedbush Research analyst for Facebook shares?

What argument did Cheryl make regarding Facebook's service and consumer choice?

How are advertisers affected by Facebook's market behavior according to the discussion?

What is the stance of the speaker regarding the potential for Congress to pass new antitrust laws?

What allegations were made against Facebook regarding its competitive practices?