‘Oops,’ Said Faceberg (Part Infinity)

“I’ll be back”

I believe it is called collusion when two companies make a secret deal to squash competitors; their CEOs not only knew about it, but directly signed off on it:

Google’s Pichai, Meta’s Zuckerberg Backed Alleged Ad Price-Fixing Scheme, Unsealed Court Docs Claim

When Texas Attorney General Ken Paxton first spearheaded a blockbuster multistate antitrust case against Google towards the end of 2020, it included some (heavily redacted) allegations of a secret agreement with Facebook that let the duo squash fellow competitors in the advertising space and lord over the lion’s share of digital ad spending to this day. Now, some details about that deal are finally open to the public: new court filings from the suit that were unsealed on Friday allege that the deal, dubbed “Jedi Blue,” gave Facebook an illegal leg-up in Google’s ad auctions in exchange for Facebook’s word that it would back down from its own ad plans. Further, it claims that the top executives at both companies signed off on the deal.

And it goes on from there.

Break up both Google and Facebook, erase the code, dip the servers in acid, and bury them in lead-lined concrete cases in the Marianna Trench. They are a net negative for society.

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3 Responses to ‘Oops,’ Said Faceberg (Part Infinity)

  1. It’s not collusion; this is a ‘Trust’. It’s a federal crime under the Sherman Anti-Trust Act.

    The “trust” in antitrust refers to a group of businesses that team up or form a monopoly in order to dictate pricing in a particular market.

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