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Editorial: Facebook is too big. Breaking it up is just part of the solution [Los Angeles Times]

Editorial: Facebook is too big. Breaking it up is just part of the solution [Los Angeles Times]
The Federal Trade Commission and the attorneys general of 46 states filed lawsuits Wednesday seeking what amounted to a do-over on Facebook the chance to reject two acquisitions that helped make the social network the behemoth it is today.
Those acquisitions the $1-billion purchase of the mobile picture-sharing network Instagram in 2012 and the $19-billion purchase of the messaging service WhatsApp two years later absorbed fledgling companies that had threatened to draw users away from Facebook. Yet the FTC initially approved both mergers, and the states did not try to stop them at the time they were announced. ....

United States , Los Angeles , Los Angeles Times , Tribune Content Agency , Federal Trade Commission , China Based Wechat , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் ஏஞ்சல்ஸ் , லாஸ் ஏஞ்சல்ஸ் முறை , கூட்டாட்சியின் வர்த்தகம் தரகு , சீனா அடிப்படையிலானது வெச்சாட் ,

Facebook is too big. Breaking it up just part of the solution

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The Federal Trade Commission and the attorneys general of 46 states filed lawsuits Wednesday seeking what amounted to a do-over on Facebook the chance to reject two acquisitions that helped make the social network the behemoth it is today.
Those acquisitions the $1-billion purchase of the mobile picture-sharing network Instagram in 2012 and the $19-billion purchase of the messaging service WhatsApp two years later absorbed fledgling companies that had threatened to draw users away from Facebook. Yet the FTC initially approved both mergers, and the states did not try to stop them at the time they were announced.
Facebook will probably make hay out of those approvals as the case moves forward, but this is more than an exercise of 20/20 hindsight. The state and FTC lawsuits allege that the purchases fit into a troubling pattern of steps by Facebook to buy up or beat down rivals. Those allegations, based on documents and other evidence gathered by state and fe ....

United States , Federal Trade Commission , China Based Wechat , ஒன்றுபட்டது மாநிலங்களில் , கூட்டாட்சியின் வர்த்தகம் தரகு , சீனா அடிப்படையிலானது வெச்சாட் ,