A US FTC official says the agency won't appeal its US federal court loss over Meta's Within acquisition but could still pursue the case with an internal judge
and it wasted my tax dollars. No respect for @FTC https://twitter.com/... Dan Amrich / @danamrich : This is excellent news in my household. As a choreographer & mapper for @getSupernatural, @katrinauch is long overdue for this good fortune and tangible reward for creating things of value. Adult beverages will be consumed in her honor. https://twitter.com/... Bryan Koenig / @bkoenig94 : NEW: @FTC officials say agency won't appeal district court loss against @Meta/@WITHIN. BUT agency hasn't yet ruled out proceeding thru an in-house challenge currently set to go to trial next week. If that proceeds, it'd be 1st time FTC didn't drop after fed loss in about 30 yrs Lee Hepner / @leehepner : This is smart. The FTC achieved their objective of advancing the potential competition legal theory, but lost on a narrow determination of fact. The 9th Cir would be deferential to Davila's determination of the facts. https://twitter.com/... Michael Acton / @macton93 : #Meta #Within - FTC will *not* appeal the federal judge's order in the case Michael Acton / @macton93 : Meta will close the deal in the coming days, once the TRO lapses tomorrow at midnight PT. Then the question is whether FTC keeps fighting in administrative court. Since the evidentiary bar is lower to win a preliminary injunction, that could be tough.
Incredible to think that a chat interface for AI casually released in November has led to the pivot of the world's largest tech companies within a quarter. What an exciting time to be in tech.
@DanAmrich @FTC I couldn't believe out of all of the possible FTC actions against big tech, they picked this fight. Absolutely absurd. I'm glad Meta won.
I am even happier with this outcome given the heinous ethical ignorance of chair Lina Khan, who simply refused to take accountability for her statements & recuse herself. Then again, this whole case has been about ignorance — and it wasted my tax dollars. No respect for @FTC http…
This is smart. The FTC achieved their objective of advancing the potential competition legal theory, but lost on a narrow determination of fact. The 9th Cir would be deferential to Davila's determination of the facts. https://twitter.com/...
This is excellent news in my household. As a choreographer & mapper for @getSupernatural, @katrinauch is long overdue for this good fortune and tangible reward for creating things of value. Adult beverages will be consumed in her honor. https://twitter.com/...
Meta will close the deal in the coming days, once the TRO lapses tomorrow at midnight PT. Then the question is whether FTC keeps fighting in administrative court. Since the evidentiary bar is lower to win a preliminary injunction, that could be tough.
NEW: @FTC officials say agency won't appeal district court loss against @Meta/@WITHIN. BUT agency hasn't yet ruled out proceeding thru an in-house challenge currently set to go to trial next week. If that proceeds, it'd be 1st time FTC didn't drop after fed loss in about 30 yrs