The Federal Trade Commission is looking into Reddit’s AI licensing deals, the company disclosed in paperwork filed with the Securities and Exchange Commission.
The FTC is worried that the big tech firms will further entrench their monopolies. They are doing a lot of good stuff lately; an underappreciated boon of the Biden Presidency. Lina Khan looks to be really set on fixing decades of mistakes.
I guess they just want to know if these deals lock out potential competitors.
The FTC is worried that the big tech firms will further entrench their monopolies. They are doing a lot of good stuff lately; an underappreciated boon of the Biden Presidency. Lina Khan looks to be really set on fixing decades of mistakes.
I guess they just want to know if these deals lock out potential competitors.
Good, it’s about time the ftc grew a few teeth to fight with. They’ve been toothless for way too long.