Facebook hit with massive antitrust lawsuit from 46 states
https://techcrunch.com/2020/12/09/facebook-antitrust-state-attorneys-general/
A collection of states filed a multi-state lawsuit Wednesday accusing Facebook of suppressing its competition through monopolistic business practices meant to preserve the company’s outsized power. Fourty eight attorneys general across 46 states, the territory of Guam and the District of Columbia are behind the lawsuit, with only South Dakota, South Carolina, Alabama and Georgia declining to join.
The lawsuit, which looks at Facebook’s actions throughout the company’s history, alleges that the company bought competitors “illegally” and in a “predatory manner.” The suit cites Facebook’s acquisitions of Instagram and WhatsApp as prominent examples.
Facebook hit with massive antitrust lawsuit from 46 states
Dec 9, 2020, 8:30pm UTC
https://techcrunch.com/2020/12/09/facebook-antitrust-state-attorneys-general/
> A collection of states filed a multi-state lawsuit Wednesday accusing Facebook of suppressing its competition through monopolistic business practices meant to preserve the company’s outsized power. Fourty eight attorneys general across 46 states, the territory of Guam and the District of Columbia are behind the lawsuit, with only South Dakota, South Carolina, Alabama and Georgia declining to join.
> The lawsuit, which looks at Facebook’s actions throughout the company’s history, alleges that the company bought competitors “illegally” and in a “predatory manner.” The suit cites Facebook’s acquisitions of Instagram and WhatsApp as prominent examples.