Federal Trade Commission

also referred to as: ftc

10 statements across 4 episodes · 1 bullish · 6 bearish · 1 people on the record · first statement Dec 13, 2020 by Benedict Evans · said 47 times in 8 episodes since 2020 · across every show →

Mentions by year

brought up most by Benedict Evans (34), Toni Cowan-Brown (13)

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2024 1 mention in 1 episode
2022 31 mentions in 6 episodes 5 per episode
2020 15 mentions in 1 episode

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Everything said about Federal Trade Commission, oldest first

Dec 13, 2020 negative
Assertion Supported
Evans: FTC seeks contradictory consent decrees on Facebook data APIs
“Today's FTC is demanding a consent decree that says Facebook has to open up Data APIs. And two years ago, they got another consent decree that said Facebook has to close down its data APIs.”
Benedict Evans Dec 13, 2020 ▶ 25:35 The FTC and Facebook
Dec 13, 2020 negative
Opinion
Evans: FTC knew Instagram was a competitive threat when approving acquisition
“The FTC basically knew everything that they knew, know, that they know now. They knew that these were competitive. They knew that Facebook must see them as competitive threats. Nothing's actually changed, except that the FTC has just changed their mind. And I …”
Benedict Evans Dec 13, 2020 ▶ 3:35 The FTC and Facebook
Jul 25, 2022 negative
Assertion Partly supported
Evans: FTC Chair Lina Khan falsely claimed Amazon sold below cost
“Basically she claimed Amazon was losing money, which was This wasn't true. Or she claimed Amazon was selling below cost, which wasn't true.”
Benedict Evans Jul 25, 2022 ▶ 30:16 When the point of leverage changes
Aug 1, 2022 negative
Opinion
Evans: The idea that Big Tech buys up all startups is nonsense
“And they're actually a very small percentage of all the acquisition, all the startups in the field, or indeed all of the exits, because, you know, I think it was something like 60 or 70 of those 400 were more than fifty million dollars, which is the point that…”
Benedict Evans Aug 1, 2022 ▶ 4:22 The FTC's antitrust thesis
Aug 1, 2022 negative
Opinion
Evans: Conduct regulation is more sustainable than guessing on startup acquisitions
“I would suggest that trying to do conduct conduct regulation is at least a more kind of repeatable and predictable and sustainable model than, you know, guessing the toss of a coin on these teeny tiny acquisitions.”
Benedict Evans Aug 1, 2022 ▶ 25:10 The FTC's antitrust thesis
Dec 11, 2022 neutral
Assertion Partly supported
Evans: Most Big Tech sub-threshold acquisitions were under $10M and 10 employees
“And the vast majority of them were less than 10 people, and less than ten million dollars.”
Benedict Evans Dec 11, 2022 ▶ 23:17 No Soup for You! Regulating tech M&A
Dec 11, 2022 neutral
Opinion
Evans: FTC Meta-Within case is very aggressive; Activision case is much less aggressive
“I think within is kind of a test case to try and push the you know, really kind of move the flag post, move the goal much further over. You know, it's a very aggressive case. I think the Activision case is actually much less aggressive.”
Benedict Evans Dec 11, 2022 ▶ 9:08 No Soup for You! Regulating tech M&A
Dec 11, 2022
Opinion
Evans: Big Tech will keep pursuing acquisitions despite Lina Khan's FTC
“I think part of what's going on here is tech companies saying, we're going to carry on doing these deals. And you try, you just try and stop us. You're going to have, you know, we're not just going to stop doing these deals because you're appointed a head of t…”
Benedict Evans Dec 11, 2022 ▶ 21:27 No Soup for You! Regulating tech M&A
Dec 11, 2022 positive
What-if
Evans: Blocking Apple's PA Semi deal would have preserved Intel-Qualcomm duopoly
“Apple is making basically better chips than Intel or Qualcomm today, and it's doing that based on the acquisition of PA Semi, which was now a decade ago, also ago, 15 years ago, and what would, if the FTC had blocked that, Then basically they'd have gifted the…”
Benedict Evans Dec 11, 2022 ▶ 27:32 No Soup for You! Regulating tech M&A
Dec 11, 2022 negative
Assertion Supported
Evans: FTC has an active case seeking to unwind Meta's Instagram and WhatsApp deals
“Meanwhile, the FTC also has a case trying to unwind the acquisition of Instagram and WhatsApp from now almost a decade ago, which is kind of hilarious.”
Benedict Evans Dec 11, 2022 ▶ 0:32 No Soup for You! Regulating tech M&A
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