The Federal Trade Commission is looking into Reddit’s AI licensing deals, the company disclosed in paperwork filed with the Securities and Exchange Commission.
  • General_Effort@lemmy.worldEnglish
    66·
    9 months ago

    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.

    • nexussapphire@lemm.eeEnglish
      21·
      9 months ago

      Good, it’s about time the ftc grew a few teeth to fight with. They’ve been toothless for way too long.