Federalist: Forty-eight U.S. Attorneys General led by New York filed a lawsuit against Facebook Wednesday arguing that the social media giant violated antitrust law by engaging in anticompetitive practices through buying out smaller rivals. The group of state law enforcement executives were joined by the Federal Trade Commission (FTC) filing a separate lawsuit.
Both suits center on Facebook’s purchases of Instagram in 2012 and WhatsApp in 2014 for $1 billion and $19 billion respectively, while also targeting smaller firms. The acquisitions, plaintiffs allege, illegally stifled online competition. The FTC is seeking to force Facebook sell Instagram and WhatsApp.
“Facebook’s actions to entrench and maintain its monopoly deny consumers the benefits of competition,” said FTC Director of Bureau Competition Ian Conner. “Our aim is to roll back Facebook’s anticompetitive conduct and restore competition so that innovation and free competition can thrive.” more
If course, that scumbag Barr is absent from all this.
The ultimate rat.
Can’t wait to see this little dick nibbler pumping gas some day.
Only 48? Who are the two holdouts, and why?
Billions of dollars for refuse.
A sad state of affairs.
It’s not even real refuse — it’s digital refuse.
Free at last, Free at last. well, maybe it’s all driven by the green.
https://www.theburningplatform.com/2020/12/09/immediately-after-moving-to-texas-elon-musk-announces-tesla-ar-15/#more-229579
Looks like Cuckerburg didn’t buy enough governors, but his bought and paid for members of the House and Senate will make sure the right people get a cut.
All 46 states plus a couple of territories like Hawaii and Hong Kong.