The Federal Trade Commission and over 40 state attorneys general came together on Wednesday to sue Facebook for maintaining a social networking monopoly through anti-competitive behavior. The complaint alleged that Facebook’s acquisition of Instagram in 2012 and WhatsApp in 2014 are part of the social media giant’s ‘systematic strategy’ to ‘eliminate threats to its monopoly.’ […]
The article Facebook Hit with Antitrust Lawsuit That Calls for Breakup with WhatsApp and Instagram was first published on Beebom
from Beebom https://beebom.com/facebook-antitrust-lawsuit-breakup-whatsapp-instagram/
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