My quick write-up of the Google antitrust loss and what it means. This one's a big deal. It's the third monopolization finding against Google, this company is increasingly likely to be taken apart. https://t.co/DGCS6ZSxqf
Important context for the TikTok ban: the app’s adoption wasn’t a viral phenomenon and was driven by an unprecedented amount of user acquisition spending. TikTok was Snap’s largest advertising client in 2018 (I’ve heard the same is true for Facebook / Meta), and ByteDance was spending as much as $3MM / day in ads in the US alone that year, with $1BN in total spend.