Meta Trial, Google Hearing, House Tax Vote
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Meta Trial, Google Hearing, House Tax Vote
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A preview of the upcoming trial in which the FTC is challenging Meta’s acquisitions of Instagram and WhatsApp as anticompetitive, as well as a preview of a remedy hearing in the DOJ vs. Google search, were among the key catalysts that BI litigation and policy analysts are watching this week. Though divestitures are at risk in the FTC case, we think Meta has the better of arguments heading into trial. We also discussed how the Senate Commerce Committee took action on two of President Donald Trump’s nominees for the National Telecommunications and Information Administration and the Federal Communications Commission. Finally, we discussed how House Republicans delivered a key win for the Trump administration in advancing a budget resolution that we believe will eventually end with extending the 2017 Tax Cuts and Jobs Act.
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