On a related subject, the the DoJ #AntitrustDivision has brought the most important tech anti-monopoly case of the century, charging Google with monopolizing search:

https://www.nytimes.com/2023/09/06/technology/modern-internet-first-monopoly-trial-us-google-dominance.html

Part of the #DOJ case turns on the fact that Google goes to *extraordinary* lengths to keep you from every *trying* another search engine, paying out more than *$45 billion every year* to be the default search on every device, program and service you might use.

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Or they can take the deal, get the new fund at a 40% discount - and the PE boss gets $60m/year for the next ten years, instead of the $20m they were getting before the continuation fund deal.

PE is devouring the productive economy and making the world's richest people even richer. The one bright light? The FTC and #DoJ #AntitrustDivision just published new merger guidelines that would make the PE acquire/debt-load/asset-strip model illegal:

https://www.ftc.gov/news-events/news/press-releases/2023/07/ftc-doj-seek-comment-draft-merger-guidelines

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The Biden administration is a weirdly perfect illustration of this "independence." The Biden admin is a kind of referee, doling out policies and appointemnts to its competing wings, without any coherence or consistency.

That's how you get *incredible* appointments like #LinaKhan at the #FTC and #JonathanKanter at #DoJ #AntitrustDivision and #RohitChopra at the #CFPB.

9/

Anything that can't go on forever will eventually stop. Monopoly threatens the living standards, health, freedom and prosperity of nearly every person in America. The undeniable enshittification of the country by its guillotine-ready finance ghouls, tech bros and pharma profiteers has led to a resurgence in antitrust, and a complete renewal of the #FTC and #DOJ's #AntitrustDivision:

https://www.eff.org/deeplinks/2021/08/party-its-1979-og-antitrust-back-baby

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