Facebook Tumbles as FTC Mulls an Injunction – Is the Company’s Dissolution on the Cards?

Facebook Tumbles as FTC Mulls an Injunction – Is the Company’s Dissolution on the Cards?

5 years ago
Anonymous $4bURcB5AtU

https://wccftech.com/facebook-tumbles-as-ftc-mulls-an-injunction-is-the-companys-dissolution-on-the-cards/

The Federal Trade Commission (FTC) may use a preliminary injunction to halt Facebook’s (NASDAQ:FB) ongoing efforts toward achieving a tighter integration between its messaging apps: Instagram, Messenger and WhatsApp.

According to the reporting by the Wall Street Journal, the impetus behind a possible injunction has grown stronger over the past few months amid fears that Facebook’s integration campaign may make it difficult, if not impossible, to break up the company in any future antitrust action.

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