Chamber of Progress CEO Adam Kovacevich discusses how federal regulators initiated the current wave of antitrust enforcement against major tech companies.
Opinion
Kovacevich: Federal antitrust agencies targeted Big Tech companies before finding violations
“I think what happened in those cases was like, they had the target in mind and then they worked to find a case they could bring. Right. And so I think that's why, like, you know, these cases have like varying degrees of strength to them because they started wi…”
Opinion
Kovacevich: Supreme Court's Trinko precedent challenges the Google antitrust ruling
“One of the big cases, that's a challenge for the court here is this case called Trinco, which is old, old Supreme court precedent, which basically has to do with what's called the duty to deal, which basically says like you as a customer, you as a business, ev…”
Opinion
Kovacevich: FTC faces an uphill battle in Meta antitrust trial
“And frankly, I think the FTC has a really tough case there.”
Assertion Supported
Kovacevich: Court found Google held ad tech monopolies and illegally tied products
“And there were some points for Google, but it was mostly a loss for them. The court found that they had improperly tied some of their ad tech products together and they have a monopoly position And what's called the ad, ad exchange, as well as the ad server, w…”
Prediction Not checkable as stated
Kovacevich: Google, Meta, and OpenAI will lead US against China in AI
“Well, like, who do you think is going to do that? It's going to be Google, Meta, OpenAI, right? It's going to be those companies, right?”
Assertion Partly supported
Kovacevich: Google's network ad revenue fell from 16% to 11%
“This is part of what's called their network business, which is basically like serving ads on other people's websites. This is the part of Google's business that's actually shrinking. So it was like, 16% of their business, like five years ago, and now it's down…”