Senate Democrats released a report detailing how Elon Musk’s companies could avoid more than $1.19 billion in potential legal and regulatory fines, highlighting systemic regulatory capture under the Trump administration. The report specifically focuses on Tesla’s Full Self-Driving (FSD) …
Donald TrumpElon MuskRichard BlumenthalEdward Markeygovernment-contractsregulatory-capturetech-industryfederal-investigation
The Trump administration fired hundreds of FAA air traffic control staff while bringing in three SpaceX engineers as Special Government Employees, raising significant regulatory capture concerns. These engineers were allowed to review air traffic control systems despite potential conflicts of …
Donald TrumpElon MuskSean DuffyBrady GlantzTheodore Malaska+1 morekleptocracyregulatory-capturetech-industryfaatrump-administration
The Federal Trade Commission approved Amazon’s $13.7 billion acquisition of Whole Foods Market on August 23, 2017, without an in-depth investigation. This decision demonstrated regulatory challenges in addressing 21st-century tech monopolies, as the FTC did not find substantial anticompetitive …
The Federal Trade Commission closed its 19-month antitrust investigation of Google without bringing charges, despite internal staff recommendations for legal action. With 230 White House meetings in 2012-2013, Google demonstrated unprecedented political access, ultimately avoiding significant …
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Morgan Stanley and other underwriters engaged in selective disclosure during Facebook’s initial public offering, revealing sensitive financial information only to institutional investors. Massachusetts securities regulators fined Morgan Stanley million for creating an ‘unlevel playing …
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Facebook acquired photo-sharing app Instagram for billion, implementing what the FTC would later characterize as a ‘buy or bury’ strategy to eliminate competitive threats. Internal emails revealed CEO Mark Zuckerberg explicitly stated the acquisition was motivated by a desire to …
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