Facebook Is Not A Monopoly; U.S. Housing Prices Jump
Whitney Tilson’s email to investors discussing that Facebook is big but maybe not a monopoly; Biden weighs new executive order restraining big business; U.S. housing prices jump the most in more than three decades. Q1 2021 hedge fund letters, conferences and more Facebook Is Big But Maybe Not a Monopoly1) Shares of social media giant Facebook (FB) popped on Monday when a U.S. federal judge dismissed two antitrust lawsuits against the company. Here's Bloomberg columnist Matt Levine's take: Facebook Is Big But Maybe Not a Monopoly. Excerpt: The government's position is not crazy, it's just not f...