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Antitrust lawsuits could force Facebook to sell Instagram and WhatsApp
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Facebook faces US lawsuits that could force sale of Ins
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Facebook faces US lawsuits that could force sale of Instagram, WhatsApp | Money
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Facebook slapped with twin lawsuits in US - World News
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Posted By Ruth King on December 10th, 2020
WASHINGTON The Federal Trade Commission and 46 states sued Facebook Inc. on Wednesday, accusing the social-media giant of buying and freezing out small startups to choke competition.
The FTC’s sweeping antitrust case seeks to force Facebook to unwind its acquisitions of WhatsApp and Instagram, two of its landmark deals. The states filed a separate and similar lawsuit, alleging a lack of competition has harmed consumers, including by weakening privacy protections.
The lawsuits come weeks after the Justice Department brought a case alleging Google was illegally maintaining a monopoly in its search business. Collectively, the cases reflect U.S. concern about the power of dominant online platforms.