Facebook Used Its Data Monopoly to Kill Competition, Says Antitrust Committee Report
4 years, 2 months ago

Facebook Used Its Data Monopoly to Kill Competition, Says Antitrust Committee Report

News 18  

Facebook has been assessed as a company that has very clearly abused its dominant market position to kill potential competition, and in turn, stifle the market of social media services by not leaving users with much potential alternatives. Hearings for USA’s ongoing investigations against tech giants Amazon, Apple, Google and Facebook have taken place multiple times, with the most recent one being held on July 30 – where all the four chief executives of the four technology majors were present in front of the Antitrust Committee chaired by David Cicilline. Guilty of monopolising According to the Subcommittee’s report, Facebook was judged to clearly have monopoly power in the market for social network, even after numerous high-ranking Facebook executives attempted multiple times to convince anyone who would listen that they do not consider themselves a monopoly. After assessing internal company communications, the Subcommittee found that the close-to 100 acquisitions made by Facebook after deliberate discussions on cutting out any competition or market threat, and expand or “shore up” Facebook’s market position. The report also notes Facebook’s controversial acquisition of Instagram, which was followed by the exit of Instagram’s founder Kevin Systrom from the Facebook group citing ideological differences with Facebook’s Mark Zuckerberg.

Market Report Committee Instagram Facebook Data Monopoly  data  monopoly  used  competition  market  facebooks  platform  firms  kill  report  antitrust  services  practices  committee  facebook

History of this topic

Facebook let Netflix see user DMs, was planning to start own streaming service, claims lawsuit
8 months, 3 weeks ago

Facebook let Netflix see user DMs, was planning to start own streaming service, claims lawsuit

Firstpost  

Meta, whose reputation in safeguarding its customer’s user data and privacy has been shaky at best may be facing a massive trouble. Image Credit: AFP In what may be the single biggest breach of public trust by Mark Zuckerberg-led Meta, Facebook let Netflix see users DMs to help them better programme content, a lawsuit has revealed. In a startling revelation, …

Facebook must face $3.8 bln UK mass action over market dominance, tribunal rules
10 months, 1 week ago

Facebook must face $3.8 bln UK mass action over market dominance, tribunal rules

The Hindu  

Facebook must face a collective lawsuit valued at around 3 billion pounds over allegations the social media giant abused its dominant position to monetise users' personal data, a London tribunal ruled on Thursday. Legal academic Liza Lovdahl Gormsen, who is bringing the case on behalf of around 45 million Facebook users in the UK, says they were not properly compensated …

Facebook faces legal setback in EU court decision on data privacy and ads
1 year, 5 months ago

Facebook faces legal setback in EU court decision on data privacy and ads

Associated Press  

LONDON — Facebook lost a legal challenge Tuesday at the European Union’s top court over a groundbreaking German antitrust decision that limited the way the company uses data for advertising. The European Court of Justice said competition watchdogs can consider whether companies like Facebook comply with the continent’s strict privacy rules, which are normally enforced by national data privacy regulators. …

$3.7 billion UK mass action against Facebook over market dominance rejected for now
1 year, 10 months ago

$3.7 billion UK mass action against Facebook over market dominance rejected for now

The Hindu  

Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds over allegations the social media giant abused its dominant position to monetise users' personal data. Legal academic Liza Lovdahl Gormsen, who is bringing the case, says Facebook users were not properly compensated for the value of personal data they had to provide to use …

U.S. Chamber sides with Facebook in antitrust appeal
2 years, 8 months ago

U.S. Chamber sides with Facebook in antitrust appeal

The Hindu  

The powerful U.S. Chamber of Commerce filed a brief on Monday, urging a D.C. appeals court to reject an appeal by a big group of U.S. states to revive their antitrust lawsuit against Meta Platform's Facebook. The Chamber, along with the Computer and Communications Industry Association and Business Roundtable, argued that the district court judge hearing the case was right …

Facebook faces $3.2 billion U.K. class action over market dominance
2 years, 11 months ago

Facebook faces $3.2 billion U.K. class action over market dominance

The Hindu  

Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus class action in Britain over allegations that it abused its market dominance by exploiting the personal data of 44 million users. The lawsuit, which will be heard by London's Competition Appeal Tribubal, alleges Facebook made billions of pounds by imposing unfair terms and conditions that …

US judge dismisses Facebook’s request to throw out monopoly case
2 years, 11 months ago

US judge dismisses Facebook’s request to throw out monopoly case

Al Jazeera  

Meta Platforms Inc.’s Facebook must face the U.S. government’s monopoly lawsuit alleging that the company abused its dominance and should be broken up, a judge ruled. U.S. District Judge James Boasberg in Washington denied Facebook’s motion to dismiss the Federal Trade Commission’s revised antitrust complaint, which the agency refiled after the judge in June dismissed the case. Boasberg said in …

Facebook’s safety head tells U.K. lawmakers it does not amplify hate
3 years, 1 month ago

Facebook’s safety head tells U.K. lawmakers it does not amplify hate

The Hindu  

Facebook Inc's algorithms demote rather than promote polarising content, its global head of safety told British lawmakers on Thursday, adding that the U.S. company would welcome effective government regulation. "I don't agree that we are amplifying hate," Davis told the committee on Thursday, adding: "I think we try to take in signals to ensure that we demote content that is …

Facebook profits rise amid revelations from leaked documents
3 years, 1 month ago

Facebook profits rise amid revelations from leaked documents

Associated Press  

Amid fallout from the Facebook Papers documents supporting claims that the social network has valued financial success over user safety, Facebook on Monday reported higher profit for the latest quarter. The company’s latest show of financial strength followed an avalanche of reports on the Facebook Papers — a vast trove of redacted internal documents obtained by a consortium of news …

People or profit? Facebook papers show deep conflict within
3 years, 1 month ago

People or profit? Facebook papers show deep conflict within

Associated Press  

Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world. “A curated selection out of millions of documents at Facebook can in no way be used to draw fair conclusions about us,” Facebook tweeted from its public …

Facebook will fuel more unrest, whistle-blower tells UK lawmakers
3 years, 2 months ago

Facebook will fuel more unrest, whistle-blower tells UK lawmakers

Al Jazeera  

The social media giant needs to stop its algorithms from pushing divisive content, Frances Haugen tells British politicians. Facebook Inc will fuel more violent unrest around the world unless it stops its algorithms from pushing extreme and divisive content, whistle-blower Frances Haugen has told a British parliamentary committee. The world’s biggest social network has rejected the charges, with CEO Mark …

January 6 insurrection and Facebook: Internal docs paint a damning picture
3 years, 2 months ago

January 6 insurrection and Facebook: Internal docs paint a damning picture

CNN  

CNN Business — Just days after insurrectionists stormed the Capitol on January 6th, Facebook’s Chief Operational Officer Sheryl Sandberg downplayed her company’s role in what had happened. “After the violence at the Capitol erupted and as we saw continued attempts to organize events to dispute the outcome of the presidential election, we removed content with the phrase ‘stop the steal’ …

Facebook fined $70 million for ‘deliberate’ failure to comply with UK regulator
3 years, 2 months ago

Facebook fined $70 million for ‘deliberate’ failure to comply with UK regulator

CNN  

London CNN Business — The UK competition regulator has slapped Facebook with a $70 million fine for repeatedly ignoring warnings and deliberately breaking its rules. The Competition and Markets Authority said in a statement Wednesday that Facebook had “consciously” refused to report all the required information during an investigation of the tech giant’s acquisition of online database Giphy. The tech …

Facebook could be facing a Big Tobacco reckoning
3 years, 2 months ago

Facebook could be facing a Big Tobacco reckoning

CNN  

New York, NY CNN Business — It’s been a tough week for Facebook. “Their top policy executive is blanketing Sunday shows,” Axios media reporter Sara Fischer said of multiple interviews with Facebook’s head of global communications, Nick Clegg. Clegg did hint that Facebook might be open to legislation requiring parental consent for children under 16 to use social media, saying …

Facebook whistleblower testifies: Five highlights
3 years, 2 months ago

Facebook whistleblower testifies: Five highlights

Associated Press  

A former Facebook employee told members of Congress Tuesday that the company knows that its platform spreads misinformation and content that harms children but refuses to make changes that could hurt its profits. “A lot of the changes that I’m talking about are not going to make Facebook an unprofitable company, it just won’t be a ludicrously profitable company like …

FB whistleblower calls for regulation
3 years, 2 months ago

FB whistleblower calls for regulation

The Hindu  

A Facebook whistleblower went before U.S. lawmakers on Tuesday to push them to regulate the social media giant, after an outage hit potentially billions of users and highlighted global dependence on its services. She spoke to Senators less than a day after Facebook, its photo-sharing app Instagram and messaging service WhatsApp went offline for roughly seven hours, with “billions of …

Ex-Facebook employee tells Congress social media giant endangers users, democracy
3 years, 2 months ago

Ex-Facebook employee tells Congress social media giant endangers users, democracy

LA Times  

Former Facebook data scientist Frances Haugen testified Tuesday before the Senate Commerce, Science, and Transportation Subcommittee on Consumer Protection, Product Safety, and Data Security. “The company’s leadership knows ways to make Facebook and Instagram safer and won’t make the necessary changes because they have put their astronomical profits before people,” said Frances Haugen, a former Facebook data scientist who has …

Facebook asks court to dismiss FTC antitrust complaint
3 years, 2 months ago

Facebook asks court to dismiss FTC antitrust complaint

Associated Press  

Facebook is asking a federal court to dismiss a revised complaint against it by the Federal Trade Commission, arguing that the agency has not provided enough evidence to show that the company is a monopoly. In a motion filed Monday in U.S. District Court for the District of Columbia, Facebook said the FTC failed to prove that it has a …

‘Facebook prioritising profit over safety’
3 years, 2 months ago

‘Facebook prioritising profit over safety’

The Hindu  

The whistleblower who shared a trove of Facebook documents alleging the social media giant knew its products were fuelling hate and harming children’s mental health revealed her identity on Sunday in a televised interview, and accused the company of choosing “profit over safety”. Frances Haugen, a 37-year-old data scientist, has worked for companies including Google and Pinterest — but said …

Whistleblower says Facebook put profit before reining in hate speech
3 years, 2 months ago

Whistleblower says Facebook put profit before reining in hate speech

Live Mint  

A Facebook Inc whistleblower on Sunday accused the social media giant of repeatedly prioritizing profit over clamping down on hate speech and misinformation, and said her lawyers have filed at least eight complaints with the U.S. Securities and Exchange Commission. Frances Haugen, who worked as a product manager on the civic misinformation team at Facebook, appeared on Sunday on the …

Facebook asks court to toss FTC lawsuit over its buys of Instagram and WhatsApp
3 years, 2 months ago

Facebook asks court to toss FTC lawsuit over its buys of Instagram and WhatsApp

NPR  

Facebook asks court to toss FTC lawsuit over its buys of Instagram and WhatsApp Enlarge this image toggle caption Chesnot/Getty Images Chesnot/Getty Images Facebook is again asking a federal court to throw out the Federal Trade Commission's antitrust lawsuit accusing the company of crushing its rivals, in the latest chapter of the company's showdown with Washington critics. So the FTC …

FTC says Facebook 'bought and buried' rivals in renewed antitrust fight
3 years, 4 months ago

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

The Hindu  

The U.S. Federal Trade Commission refreshed its antitrust case against Facebook Thursday, adding more detail on the accusation the social media company crushed or bought rivals and once again asking a judge to force the social media giant to sell Instagram and WhatsApp. "It is unfortunate that despite the court's dismissal of the complaint and conclusion that it lacked the …

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly
3 years, 4 months ago

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly

NPR  

Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly Enlarge this image toggle caption Lionel Bonaventure/AFP via Getty Images Lionel Bonaventure/AFP via Getty Images The Federal Trade Commission is taking another swing at Facebook after a judge tossed out its initial effort in June, with a new complaint accusing the social media giant of illegally maintaining a monopoly by …

Facebook Hits $1 Trillion Value After US Judge Rejects Anti-Trust Complaints
3 years, 5 months ago

Facebook Hits $1 Trillion Value After US Judge Rejects Anti-Trust Complaints

News 18  

A US judge on Monday dismissed federal and state antitrust complaints against Facebook that sought to force the social media company to sell Instagram and WhatsApp, saying the federal complaint was “legally insufficient.” Facebook shares rose more than 4 percent after the ruling. A spokesperson for the New York Attorney General’s office said it was “considering our legal options.” Facebook …

Judge dismisses gov’t antitrust lawsuits against Facebook
3 years, 5 months ago

Judge dismisses gov’t antitrust lawsuits against Facebook

Associated Press  

WASHINGTON — A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. New York Attorney General Letitia James said when filing the suit that Facebook “used its monopoly power to crush smaller rivals and …

Judge Dismisses Competition Cases Against Facebook; Facebook Shares Hit Record Highs
3 years, 5 months ago

Judge Dismisses Competition Cases Against Facebook; Facebook Shares Hit Record Highs

The Hindu  

A federal judge in Washington DC dismissed two antitrust lawsuits against Facebook brought by the U.S.’s trade regulator, the Federal Trade Commission, and a coalition of 48 states and jurisdictions. After the ruling, Facebook’s shares hit record highs and its market capitalization crossed $ 1 trillion for the first time. Judge James Boasberg dismissed the FTC case on Monday, saying …

Facebook joins $1 trillion club after antitrust win
3 years, 5 months ago

Facebook joins $1 trillion club after antitrust win

The Telegraph  

Facebook has reached a $1 trillion valuation, becoming the last of the “big five” American tech giants to pass the milestone following a victory in two antitrust cases. The social media giant’s shares jumped as much as 4.4pc - the biggest intraday gain since April 29 - after a judge granted its request to dismiss complaints filed last year by …

Facebook Gets Reprieve As Court Throws Out Major Antitrust Complaints
3 years, 5 months ago

Facebook Gets Reprieve As Court Throws Out Major Antitrust Complaints

NPR  

Facebook Gets Reprieve As Court Throws Out Major Antitrust Complaints Enlarge this image toggle caption Pool/Getty Images Pool/Getty Images A federal judge has dismissed two blockbuster antitrust complaints against Facebook, in a setback to federal and state prosecutors who were pushing for a break-up of the social media giant. But Judge James Boasberg of the U.S. District Court for the …

European regulators launch fresh probes of Facebook, Google
3 years, 6 months ago

European regulators launch fresh probes of Facebook, Google

Associated Press  

LONDON — European Union and British regulators opened dual antitrust investigations Friday into whether Facebook distorts competition in the classified advertising market by using data to compete unfairly against rival services. “Facebook collects vast troves of data on the activities of users of its social network and beyond, enabling it to target specific customer groups,” said Margrethe Vestager, the European …

EU Antitrust Regulators Launch Probe Into Facebook Marketplace Over Allegation Of Anti-Competitive Practices
3 years, 6 months ago

EU Antitrust Regulators Launch Probe Into Facebook Marketplace Over Allegation Of Anti-Competitive Practices

ABP News  

New Delhi: EU antitrust regulators have opened an investigation into Facebook's marketplace. Its scrutiny began in 2019 when European Commission sent out questionnaires to know about its role as opposed to rivals in online classified ads, Reuters cited an EU document as revealing. During that period, companies were asked if they see Facebook Marketplace as a close rival in online …

Facebook: European regulators open twin antitrust investigations
3 years, 6 months ago

Facebook: European regulators open twin antitrust investigations

CNN  

London CNN Business — Facebook is confronting two separate antitrust investigations by European regulators that will probe whether the social network’s use of data gives it an unfair advantage in online advertising. European Competition Commissioner Margrethe Vestager, who has launched multiple investigations into US tech companies, said in a statement that data collected via social networks “should not be used …

Facebook marketplace faces EU antitrust probe
3 years, 6 months ago

Facebook marketplace faces EU antitrust probe

The Hindu  

Facebook is likely to face its first EU antitrust investigation in the coming weeks as regulators zoom in on its online marketplace after rivals complained about the service, a person familiar with the matter said. The move by European Competition Commissioner Margrethe Vestager would make Facebook the latest U.S. tech giant to be in her crosshairs following cases against Alphabet's …

US government, states ask judge to deny Facebook's request to dismiss lawsuits
3 years, 8 months ago

US government, states ask judge to deny Facebook's request to dismiss lawsuits

India Today  

The Federal Trade Commission and a big group of US states asked a federal court on Wednesday to deny Facebook Inc's request to dismiss major antitrust lawsuits filed against the social media giant in December. Facebook had asked the court to dismiss the two lawsuits, alleging that they were brought "in the fraught environment of relentless criticism of Facebook for …

Apple Vs Facebook: A Losing Battle For Facebook Because Privacy Always Wins With Users
3 years, 9 months ago

Apple Vs Facebook: A Losing Battle For Facebook Because Privacy Always Wins With Users

News 18  

It is nothing new. First, Apple is not ending data tracking and secondly, Apple is not putting an end to personalized In a blog post, Facebook says, “Everyone’s News Feed is unique, which means you’re more likely to see content you want to watch, groups you want to join, creators you want to follow, and products and services you want …

Facebook Fined EUR 7 Million Over Improper Data Use by Italian Watchdog
3 years, 10 months ago

Facebook Fined EUR 7 Million Over Improper Data Use by Italian Watchdog

News 18  

Italy’s competition watchdog said on Wednesday it had fined Facebook EUR 7 million for not complying with a request by the regulator to correct improper commercial practices in the group’s treatment of user data. In November 2018, the antitrust body ruled that Facebook had not informed users properly about its collection and use of data. It fined the US company …

Google secretly gave Facebook perks, data in ad deal, U.S. states allege
4 years ago

Google secretly gave Facebook perks, data in ad deal, U.S. states allege

The Hindu  

Facebook Inc and Alphabet's Google, the two biggest players in online advertising, used a series of deals to consolidate their market power illegally, Texas and nine other states alleged in a lawsuit against Google on Wednesday. The two players agreed in a publicized deal in 2018 to start giving Facebook's advertiser clients the option to place ads within Google's network …

Australia sues Facebook over user data, echoing U.S. antitrust case
4 years ago

Australia sues Facebook over user data, echoing U.S. antitrust case

The Hindu  

An Australian regulator sued Facebook Inc on Wednesday accusing it of collecting user data without permission, building on government efforts around the world to rein in the social network. The lawsuit echoes a landmark U.S. Federal Trade Commission action accusing the social media giant of inappropriately maintaining market dominance by using customer data to decide on takeover targets including messaging …

Facebook faces antitrust lawsuit from federal government and states : Planet Money : NPR
4 years ago

Facebook faces antitrust lawsuit from federal government and states : Planet Money : NPR

NPR  

The Case Against Facebook Enlarge this image toggle caption Pool/Getty Images Pool/Getty Images Last week, the federal government and attorneys general from 46 states filed one of the biggest antitrust cases in American history. The government argues that Facebook's acquisitions of Instagram and WhatsApp were illegal, and that Facebook should be forced to sell the companies off. Today on the …

Agency homing in on social media companies’ data collection
4 years ago

Agency homing in on social media companies’ data collection

Associated Press  

WASHINGTON — Federal regulators are ordering Facebook, Twitter, Amazon, TikTok’s parent and five other social media companies to provide detailed information on how they collect and use consumers’ personal data and how their practices affect children and teens. With its new request, the FTC wants to know how social media and video streaming services collect, use and track consumers’ personal …

Breaking up: The Hindu Editorial on lawsuits against Facebook
4 years ago

Breaking up: The Hindu Editorial on lawsuits against Facebook

The Hindu  

The lawsuits against Facebook by the Federal Trade Commission and the attorneys general of 46 U.S. States, the District of Columbia and the territory of Guam are a significant challenge to the dominant Internet empire that Mark Zuckerberg has built in such a short time. The lawsuits highlight Facebook’s acquisition of Instagram and WhatsApp, which happened when Mr. Zuckerberg saw …

The Hindu Explains | Why are the the recent accusations against Facebook significant, and what do they entail?
4 years ago

The Hindu Explains | Why are the the recent accusations against Facebook significant, and what do they entail?

The Hindu  

The story so far: On December 9, social networking giant Facebook was sued by the Federal Trade Commission, the U.S. agency which seeks to protect consumers and promote competition, as well as by the attorneys general of 46 States, the territory of Guam and the district of Columbia. The plaintiffs — the FTC and attorneys general of all U.S. States …

Facebook antitrust case: Here’s what you need to know
4 years ago

Facebook antitrust case: Here’s what you need to know

CNN  

San Francisco CNN Business — The US government just opened another big new front on the techlash. “Facebook’s actions to entrench and maintain its monopoly deny consumers the benefits of competition,” Ian Conner, Director of the FTC’s Bureau of Competition, said in a statement. “Our aim is to roll back Facebook’s anticompetitive conduct and restore competition so that innovation and …

'The Wrath Of Mark': 4 Takeaways From The Government's Case Against Facebook
4 years ago

'The Wrath Of Mark': 4 Takeaways From The Government's Case Against Facebook

NPR  

'The Wrath Of Mark': 4 Takeaways From The Government's Case Against Facebook Enlarge this image toggle caption Chip Somodevilla/Getty Images Chip Somodevilla/Getty Images This week, the Federal Trade Commission and 48 attorneys general unveiled blockbuster lawsuits accusing Facebook of crushing competition and calling for the tech giant to be broken up. Sponsor Message "It is better to buy than compete," …

US antitrust siege of tech widens with lawsuits vs Facebook
4 years ago

US antitrust siege of tech widens with lawsuits vs Facebook

Associated Press  

WASHINGTON — The giant tech companies whose services are woven into the fabric of social life are now the targets of a widening assault by government competition enforcers. The Federal Trade Commission and 48 states and districts sued the social network giant, accusing it of abusing its market power to squash smaller competitors and seeking remedies that could include a …

US trade commission and over 40 states accuse Facebook of illegally crushing competition
4 years ago

US trade commission and over 40 states accuse Facebook of illegally crushing competition

Firstpost  

While Facebook said the regulators had ignored important history, the lawsuits set off a chorus of bipartisan support on Capitol Hill Washington: The Federal Trade Commission and more than 40 states accused Facebook on Wednesday of buying up its rivals to illegally squash competition, and they called for the deals to be unwound, escalating regulators’ battle against the biggest tech …

AGs' Lawsuit Accuses Facebook Of Gobbling Up Competitive Threats
4 years ago

AGs' Lawsuit Accuses Facebook Of Gobbling Up Competitive Threats

NPR  

AGs' Lawsuit Accuses Facebook Of Gobbling Up Competitive Threats NOEL KING, HOST: Facebook crushes the competition. When you're a business like Facebook and you, essentially, dominate an entire field that means so much to people today, particularly in a global pandemic and a public health emergency, when we rely so much on technology to stay in touch with our friends, …

The legal battle to break up Facebook is underway. Now comes the hard part
4 years ago

The legal battle to break up Facebook is underway. Now comes the hard part

CNN  

CNN — The groundbreaking lawsuits filed against Facebook on Wednesday by state and federal officials represent the gravest regulatory threat the social media giant has ever faced. The suits threaten to remake Facebook’s social media empire by carving out two of its most popular applications, Instagram and WhatsApp, each with well over a billion users. “It sort of defeats the …

Editorial: Facebook is too big. Breaking it up is just part of the solution
4 years ago

Editorial: Facebook is too big. Breaking it up is just part of the solution

LA Times  

The Federal Trade Commission and the attorneys general of 46 states filed lawsuits Wednesday seeking what amounted to a do-over on Facebook — the chance to reject two acquisitions that helped make the social network the behemoth it is today. Among other noxious pursuits, the social network has been used to incite violence, spread disinformation, vacuum up personal information, manipulate …

Facebook antitrust lawsuit: Dozens of states and the FTC sue company for alleged anticompetitive behavior
4 years ago

Facebook antitrust lawsuit: Dozens of states and the FTC sue company for alleged anticompetitive behavior

CNN  

CNN Business — Dozens of states and the federal government sued Facebook on Wednesday in twin antitrust lawsuits, alleging that the social media giant has abused its dominance in the digital marketplace and engaged in anticompetitive behavior. Wednesday’s legal action makes Facebook the second global tech company to be taken to court by US and state government officials this year …

48 AGs, FTC Sue Facebook, Alleging Illegal Power Grabs To 'Neutralize' Rivals
4 years ago

48 AGs, FTC Sue Facebook, Alleging Illegal Power Grabs To 'Neutralize' Rivals

NPR  

48 AGs, FTC Sue Facebook, Alleging Illegal Power Grabs To 'Neutralize' Rivals Enlarge this image toggle caption Andrew Harnik/AP Andrew Harnik/AP Updated at 9:30 p.m. "For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users," said New York Attorney General Letitia James, who …

Discover Related