BREAKING: FTC and group of 48 states launch antitrust lawsuits against Facebookt.co/cLF0x09Bh2
— CNBC Now (@CNBCnow) December 9, 2020
The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday.
The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp.
Both are seeking remedies for the alleged anticompetitive conduct that could result in requiring Facebook to divest the two apps.The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday. The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp.
Both are seeking remedies for the alleged anticompetitive conduct that could result in requiring Facebook to divest the two apps.
www.cnbc.com/2020/12/09/ftc-and-several-states-launch-antitrust-lawsuits-against-facebook.html