The Department of Justice is the only federal enforcement agency with teeth. It is effectively a monolith.
The FTC and SEC only refer and can sometimes come in with fines and administrative remedies but they are easier to defeat. DOJ can get fines as part of a criminal suit.
The states are whatever.
The new EU can be interesting though. Best of luck to them.
But in the US it is clear what is going to happen and why.
Not sure if this is sarcasm. The article is about a suit, brought by state attorneys general, seeking to break up these companies. That’s plenty toothsome.
It isn't sarcasm, good luck to those states. They are trying to act as a parallel union of states because the national government does not serve their interests and as individual states they are completely ignorable.
Spoiler alert? Because my point is that its the only way for states to matter and there is an irony that the federal government - derived from the states and representing them - is basically a parallel country with the same overlapping geographic boundaries.
The state attorneys general extracted hundreds of billions from Big Tobacco as a result of the Master Settlement Agreement.
Sorry, but the states are hardly "whatever."
The EU on the other hand levies pitiful fines repeatedly, and nothing changes. Then, at the same time they pass rules like GDPR, which disproportionately harm small competitors and thus help monopolies like Google and Facebook that an afford to comply.
I'd put my money on the several states' attorneys general.
The FTC and SEC only refer and can sometimes come in with fines and administrative remedies but they are easier to defeat. DOJ can get fines as part of a criminal suit.
The states are whatever.
The new EU can be interesting though. Best of luck to them.
But in the US it is clear what is going to happen and why.