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2306 Photo for representation only. - File photo IN 2012, Instagram was growing rapidly and was seen as Facebook’s competitor, which bought it for $1 billion. Two years later, Facebook lapped up WhatsApp, another rising star. Both deals were approved by the US Federal Trade Commission. Now, the social networking giant is facing antitrust lawsuits by the Commission and nearly every American state on charges of using a ‘buy or bury’ strategy to snap up rivals and keep smaller competitors a...
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