Today in Monopoly - Wednesday, March 6th
Here are some stories we had our eye on today:
House Panel Picks Amazon Critic As Antitrust Counsel
Law360House Judiciary Committee Democrats have plucked a legal academic, Lina Khan, who has spent much of her career opposing what she views as increasing concentration of U.S. economic power inplatform-dominant companies.
Too big
New York Times, David LeonhardtAntitrust issues may finally be getting more attention
.T-Mobile acknowledges its patronage of Trump’s Washington hotel increased sharply after announcement of merger with Sprint
Washington Post, David A. Fahrenthold and Jonathan O’ConnellT-Mobile’s patronage of President Trump’s Washington hotel increased sharply after the announcement inApril of its merger with Sprint, with executives spending about $195,000 at the property since then, the company told congressional Democrats ina letter last month. Before news of the megadeal between rival companies broke on April 29, the company said, only two top officials from T-Mobile had ever stayed at Trump’s hotel, with one overnight stay each inAugust 2017.
Nearly Half of Voters Support FTC’s New Task Force to Examine Tech Monopolies
Morning Consult,Sam Sabin47% said they support an FTC task force to examine M&A deals inthe tech industry; 52% of Republicans support.
Here’s what Amazon has to do to get $23 million from Arlington County
Washington Post, Patricia SullivanInexchange for giving Amazon about $23 million inincentives, activists wanted Arlington County to require the retail giant to pay union-level construction wages, donate to affordable housing funds or end its partnership with federal immigration authorities. But when the proposed incentive agreement was released Tuesday, it primarily said Amazon must fill a certain amount of office space inits Crystal City headquarters to receive the staggered payouts over the next 15 years.