Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Even if it’s all theatrics, the Justice department hasn’t really showed up to work in recent memory and this is a refreshing change from the void abyss DOJ usually haunts
The Bush jr administration illegally made political hiring and firing decisions for DOJ positions. We are just now getting far enough away from that to have the DOJ right itself.
According to Cory Doctorow, Rupert Murdoch owned newspapers have made over 100 editorials attempting to smear Lina Khan at the FTC. A cursory google search seems to corroborate this assertion.
I’m inclined to agree that there’s nothing ‘election year’ about these cases, and that real work is being done to claw back some measure of control from these monopolies.
And even though it was on all our backs collectively… the 10¢ rebate coupon and like a year of free credit monitoring or some shit. It’s sad that justice doesn’t seem to be blind. Or maybe it is, but having capitalism whispering in its ear.
DOJ is really going at it lately.
I can’t wait to hear about the outcome of this litigation in 20-25 years.
Right?
Going after Google AND Visa?!
Even if it’s all theatrics, the Justice department hasn’t really showed up to work in recent memory and this is a refreshing change from the void abyss DOJ usually haunts
The Bush jr administration illegally made political hiring and firing decisions for DOJ positions. We are just now getting far enough away from that to have the DOJ right itself.
Something something election year. They’ll go back to sleep in December.
According to Cory Doctorow, Rupert Murdoch owned newspapers have made over 100 editorials attempting to smear Lina Khan at the FTC. A cursory google search seems to corroborate this assertion.
I’m inclined to agree that there’s nothing ‘election year’ about these cases, and that real work is being done to claw back some measure of control from these monopolies.
These suits aren’t even going to be started by the time the election is done
And even though it was on all our backs collectively… the 10¢ rebate coupon and like a year of free credit monitoring or some shit. It’s sad that justice doesn’t seem to be blind. Or maybe it is, but having capitalism whispering in its ear.
Don’t worry, I’m sure they’ll run out of money soon to fight it…
Depends on who wins the election. Vote!
I’d say don’t preach to me, but hell with that preach to everybody.