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FTC says Facebook 'bought and buried' rivals in renewed antitrust fight

FTC says Facebook 'bought and buried' rivals in renewed antitrust fight
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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 first blush, it s a very strong case on the merits. The remedy is tough, because breakup is an unusual remedy, but it certainly may be merited here, said Sam Weinstein, who teaches at Cardozo Law. ....

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