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The New (Mexico) Math: Multiply the Violations and Never Mind the Harm

The big news in the competition-plus space—where competition policy meets broader policy concerns—isn’t an antitrust matter at all. It’s New Mexico’s announcement of its “Historic $25 Billion Penalty Against Facebook” (Meta Platforms).

Here’s coverage from The New York Times, The Washington Post, The Wall Street Journal, and, for a bit of local flavor, the Albuquerque Journal.

That’s a big number for most human folks, if not for the large language models among us, but I have a few questions.

That Pesky, Precious First Amendment

This has…

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