Dec 2020. Facebook being Sued by the US

The US government and more than 40 states have sued Facebook for illegally crushing competitors and demanded the company undo its acquisitions of Instagram and WhatsApp. There’s a legal reason Instagram and WhatsApp are at the heart of the state and federal lawsuits. Trying to reduce competition by purchasing rivals is an explicit violation of America’s antitrust laws. That’s exactly what government lawyers say Facebook did and will keep doing. The tricky thing, however, is that the government had given Facebook permission to buy Instagram and WhatsApp in 2012 and 2014. Facebook’s argument is that it’s unfair for government officials to try a do-over now, and that Facebook made Instagram and WhatsApp better than they could have been on their own.

https://rumble.com/vc68na-dec-2020.-facebook-being-sued-by-the-us.html

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.