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Facebook being sued by the FTC for Illegal Monopolization

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December 10, 2020, 07:22 AM
PakRatJR
Facebook being sued by the FTC for Illegal Monopolization
Between this and and hoping that whole 230 thing gets taken care of....it just makes me smile a bit Smile

Link to full article.
https://www.ftc.gov/news-event...legal-monopolization

The Federal Trade Commission today sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct. Following a lengthy investigation in cooperation with a coalition of attorneys general of 46 states, the District of Columbia, and Guam, the complaint alleges that Facebook has engaged in a systematic strategy—including its 2012 acquisition of up-and-coming rival Instagram, its 2014 acquisition of the mobile messaging app WhatsApp, and the imposition of anticompetitive conditions on software developers—to eliminate threats to its monopoly.
December 10, 2020, 07:29 AM
PakRatJR
Another from The Verge

Full article
https://www.theverge.com/2020/...or-attorneys-general

The FTC is sueing Facebook to unwind its acquisitions of Instagram and WhatsApp
A separate lawsuit is also being brought by 48 state attorneys general
December 10, 2020, 07:30 AM
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https://sigforum.com/eve/forums...0601935/m/2610054774


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December 10, 2020, 07:32 AM
PakRatJR
DOH!!! I really did look.... I didn't see it. Thanks.