Win, Lose or Settle: Facebook antitrust lawsuits will take years to resolve
WASHINGTON: Facebook, faced with two major antitrust lawsuits, could be forced to breakup, settle with changes to its business, or it could prove its government challengers wrong and win in court, antitrust experts said. The Federal Trade Commission and a major coalition of states are asking that Facebook be forced to sell WhatsApp and Instagram, saying it used a "buy or bury" strategy to snap up rivals and keep smaller competitors at bay. THE FTC AND STATES WIN If the government wins, the judge could rule Facebook must divest its photo sharing app Instagram and messaging app WhatsApp. "At ...
Source: indiatimes.com