FTC, U S states sue Facebook for illegal monopolization
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Maryland, Delaware join illegal monopoly push against Facebook that could force Instagram sale
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Facebook Breakup Seen as Real Risk in Landmark Antitrust Cases
David McLaughlin and Ben Brody, Bloomberg News The WhatsApp Inc. mobile-messaging application WhatsApp and the Facebook Inc. application are displayed along with other apps on an Apple Inc. iPhone in this arranged photograph taken in Hong Kong, China, on Thursday, Feb. 20, 2014. Facebook, the worlds largest social network, agreed to acquire mobile-messaging startup WhatsApp Inc. for as much as $19 billion in cash and stock, seeking to expand its reach among users on mobile devices. Photographer: Bloomberg/Bloomberg , Photographer: Bloomberg/Bloomberg
(Bloomberg) If there were any lingering doubts about the governmentâs stomach for going after American technology giants, they were erased Wednesday by a pair of lawsuits against Facebook Inc. demanding a sweeping remedy: the breakup of the social-media company.
Florida Joins 45 States in Lawsuit Accusing Facebook of Monopoly
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