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Facebook faces US lawsuits that could force sale of Instagram, WhatsApp - Newspaper

In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg pauses while testifying before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. AP/File WASHINGTON: Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission and nearly every US state filed lawsuits on Wednesday against the social media company, saying it used a “buy or bury” strategy to snap up rivals and keep smaller competitors at bay. With the filing of the twin lawsuits, Facebook became the second big tech company to face a major legal challenge this year after the US Justice Department sued Alphabet Inc’s Google in October, accusing the $1 trillion company of using its market power to fend off rivals.

US regulators launch bid to split Facebook over monopoly plot

Tech Talk: Facebook faces US lawsuits that could force sale of Instagram, WhatsApp

Tech Talk: Facebook faces US lawsuits that could force sale of Instagram, WhatsApp
gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.

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