Thursday, December 10, 2020

48 U.S. States and FTC are suing Facebook for illegal monopolization

The US Federal Trade Commission and a coalition of 48 state attorneys general on Wednesday filed a pair of sweeping antitrust suits against Facebook, alleging that the company abused its power in the marketplace to neutralize competitors through its acquisitions of Instagram and WhatsApp and depriving users of better privacy-friendly alternatives. “Facebook has engaged in a systematic strategy

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