FTC v. Meta: the antitrust battle over Instagram and WhatsApp
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Meta’s key economic expert takes the stand.
University of Chicago professor Dennis Carlton is up next. Carlton’s testimony will attempt to take down the analysis by the FTC’s expert witness Scott Hemphill by pulling apart his theory about the relevant market and competitors to Meta’s alleged dominance. Carlton calls Hemphill’s claims “confusing” and says he generally prefers to see “what people actually do than what people hypothesize they could do” when it comes to consumer behavior.
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