The FTC is “closely reviewing opinions and evaluating the best option going forward,” said Lindsay Kryzak, a spokeswoman for the agency.
The rulings are another example of Facebook’s ability to evade the harshest consequences for its business. Although the FTC fined Facebook $5 billion in 2019 for privacy violations, little has changed significantly to how the company’s products work. And Facebook continues to grow: More than 3.45 billion people use one or more of its apps — including WhatsApp, Instagram, or Messenger — every month.
Decisions are particularly down after actions to curb technological power in Washington have picked up steam. Khan’s appointment to the FTC this month follows the appointment of Tim Wu, another lawyer who has been critical of the industry, to the National Economic Council. Bruce Reed, the president’s deputy chief of staff, has called for new privacy regulations.
Mr. Biden has yet to name anyone to permanently lead the Justice Department’s antitrust division, which last year filed a lawsuit accusing Google of unlawfully defending its monopoly over online search. line.
The White House is also expected to issue an executive order targeting the consolidation of companies in the technology sector and other sectors of the economy. The order is still being drafted, and officials said Mr. Biden has not yet reviewed it. White House officials declined to discuss it in detail until he signs it, most likely next week.
Officials say that without action by Congress, the president’s powers to tackle antitrust issues will be limited. After the court decided to dismiss the Facebook lawsuits, Mr. Biden was “concerned about anticompetitive behavior in several industries, including the technology sector,” said an official, who asked not to be named. encouraged by the bipartisan work in Congress to address the issues.
Activists and lawmakers this week said Congress shouldn’t wait to give regulators more tools, money and regulatory boundaries to use against the tech giants. Cicilline, along with Representative Jerrold Nadler of New York, chairman of the House Judiciary Committee, said in a statement that the judge’s decisions on Facebook showed “the urgent need to modernize anti-corruption legislation.” our monopoly to address anticompetitive mergers and abuses in the digital economy.”