We got news this week that Facebook is getting hit with yet another anti-trust lawsuit. This time, it comes from 48 state attorneys saying that the company has a monopoly on social media. I recorded this episode back in October, shortly after a Democratic House committee filed similar action against Facebook, Amazon, Google, and Apple.The circumstances may have changed slightly, but the principles remain the same. What does this mean for those companies?What does this mean for the consumers?What is "common sense economics" and why do I want the Democrats to pay me for the phrase?And most importantly, what does this mean for YOU?Find out all this and more, right here.https://judiciary.house.gov/news/documentsingle.aspx?DocumentID=3429https://www.washingtonpost.com/technology/2020/12/09/facebook-antitrust-lawsuit/ Hosted on Acast. See acast.com/privacy for more information.

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