FTC sues Facebook in antitrust lawsuit as regulators mount offensive

by Aurelia Butler 10 December 2020, 12:20 199 Views

According to public case files released on Wednesday, the regulator believes that Facebook has systematically purchased or reproduced the features of any social media competitor that could have posed a threat to the company’s dominance. The lawsuit cites the 2012 purchase of Instagram and 2014 acquisition of WhatsApp as the most egregious examples of anti-competitive practices.

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FTC sues Facebook in antitrust lawsuit as regulators mount offensive

Central banks split on role of private sector in payments – survey

Harking back to childhood, Britons mourn the decline of their high street

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