Two Antitrust Lawsuits against Facebook

[rlvaughn]

Facebook Hit With Antitrust Lawsuits by FTC, State Attorneys General

Facebook's 'monopoly' must be split up, US and states say in major lawsuits

The US government and a coalition of 48 states and districts have filed parallel lawsuits against Facebook in a major antitrust offensive that accused the social media behemoth of anticompetitive behavior and could ultimately force its breakup.

FTC Sues Facebook for Illegal Monopolization

The Federal Trade Commission today sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct. Following a lengthy investigation in cooperation with a coalition of attorneys general of 46 states, the District of Columbia, and Guam, the complaint alleges that Facebook has engaged in a systematic strategy—including its 2012 acquisition of up-and-coming rival Instagram, its 2014 acquisition of the mobile messaging app WhatsApp, and the imposition of anticompetitive conditions on software developers—to eliminate threats to its monopoly. This course of conduct harms competition, leaves consumers with few choices for personal social networking, and deprives advertisers of the benefits of competition.

 

[Reformed]

Facebook Hit With Antitrust Lawsuits by FTC, State Attorneys General

Facebook's 'monopoly' must be split up, US and states say in major lawsuits

FTC Sues Facebook for Illegal Monopolization

I wonder if the FTC efforts will quietly go away after Biden takes office. After all, the social media companies are propaganda arms of the Democrat party.

 

[rlvaughn]

I wondered that also when I read this. Seems it could be a good possibility.

 

[Earth Wind and Fire]

I wonder if the FTC efforts will quietly go away after Biden takes office. After all, the social media companies are propaganda arms of the Democrat party.

Does that include Fox?

 

[Reformed]

Does that include Fox?

I said social media companies, not the MSM, although I believe FOX is just as bad as the other network broadcast networks. Fox has some conservative voices but they are being marginalized.

 

[rlvaughn]

Agree, but I was thinking more about this in my comment.

I wonder if the FTC efforts will quietly go away after Biden takes office.