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AG Shapiro joins colleagues in antitrust suit against Facebook, accusing it of monopoly


WASHINGTON – Pennsylvania Attorney General Josh Shapiro is among 48 such officials who have filed
an antitrust lawsuit against social media giant Facebook, alleging it has created a monopoly through using its large market share to eliminate its business rivals.
The antitrust lawsuit was first announced Wednesday by the Federal Trade Commission and New York Attorney General Letitia James.
“For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users,” James said.
“Almost every state in this nation has joined this bipartisan lawsuit because Facebook’s efforts to dominate the market were as illegal as they were harmful. Today’s suit should send a clear message to Facebook and every other company that any efforts to stifle competition, reduce innovation, or cut privacy protections will be met with the full force of our offices.” ....

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