Thread regarding VMware layoffs

WSJ Op: FTC Commissioner Lina Khan’s disregard for the rule of law

https://www.wsj.com/articles/why-im-resigning-from-the-ftc-commissioner-ftc-lina-khan-regulation-rule-violation-antitrust-339f115d

Commissioner Wilson says that her decision to resign arises out of FTC Chair Lina Khan’s “disregard for the rule of law and due process and the way senior FTC officials enable her,” concluding with: “I refuse to give their endeavor any further hint of legitimacy by remaining” at the Commission. Commission Wilson had this to say:

My fundamental concern with her leadership of the commission pertains to her willful disregard of congressionally imposed limits on agency jurisdiction, her defiance of legal precedent, and her abuse of power to achieve desired outcomes. . . .

In November 2022, the commission issued an antitrust enforcement policy statement asserting that the FTC could ignore decades of court rulings and condemn essentially any business conduct that three unelected commissioners find distasteful. If conduct can be labeled with a nefarious adjective—“coercive,” “exploitative,” “abusive,” “restrictive”—it may violate the FTC Act of 1914. But the new policy contains no descriptions or definitions of these terms, many of which also lack context in the law. The commission also candidly explained that its analysis under the new policy may depart from prior antitrust precedent, and identified previously lawful conduct as now suspect. In other words, the new policy adopts an “I know it when I see it” approach. But due process demands that the lines between lawful and unlawful conduct be clearly drawn, to guide businesses before they face a lawsuit.

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| 2282 views | | 9 replies (last February 16, 2023) | Reply
Post ID: @OP+1lcgbUcI

9 replies (most recent on top)

Op ed piece: “ In 2020, the last year under Trump appointees, 87% of surveyed FTC employees agreed that senior agency officials maintain high standards of honesty and integrity.”

*insert gif of Michael Jordan bursting into teary laughter”

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Post ID: @1pph+1lcgbUcI

Seethe more, @xhy+1lcgbUcI

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Post ID: @1ehl+1lcgbUcI

@gsi+1lcgbUcI - remember when the acquisition was first announced, and Raghu and friends justified the sale to Broadcom by saying we have "a fiduciary responsibility to do what's right by our shareholders."

That was basically the nice way of saying what you said "...US citizens to have their jobs moved to lowest cost countries and have price increases for consumers all so a very few individuals can make massive amounts of money."

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Post ID: @byb+1lcgbUcI

@zwl+1lcgbUcI

On the scale of sc-mbaggery, Hock and Co. win.

Dell takes second place.

Previous VMware leaders take a distant third.

No cult, plenty of blame to go around for how things could have been run better.

Sounds like you are going to be happy with Mr. Tan, so you enjoy that.

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Post ID: @xhy+1lcgbUcI

So based on the article is it fantastic for US citizens to have their jobs moved to lowest cost countries and have price increases for consumers all so a very few individuals can make massive amounts of money.

Simply, no. This type of cr-p has to stop and should have been stopped ages ago.

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Post ID: @gsi+1lcgbUcI

@grd+1lcgbUcI

Sure: it's Hock and Krause who are the "sc-mbags"; not the many CEOs and "LeAdErS" who came before, and got VMW into the mess it's in today.

VMware cult logic at its finest. 🤣

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Post ID: @zwl+1lcgbUcI

I know a sc-mbag when I see one, that would be Hock and Krause. Anyone disagree?

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Post ID: @grd+1lcgbUcI

You go girl!

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Post ID: @nfv+1lcgbUcI

Yes I just read this in the WSJ today. Total we-ponization of the FTC.

But VMW likes the woke stuff, doesn't it? Big on social justice, etc.

Can't have it both ways. Or maybe they can. We'll see.

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Post ID: @rlf+1lcgbUcI

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