Tech giant Facebook has faced an increasing amount of scrutiny around its handling of user data and competition practices since 2017, with matters intensifying even…
The FTC and a coalition of attorneys general representing 46 states, the District of Columbia and Guam filed twin lawsuits on Wednesday against Facebook, alleging that the social media company has engaged in anticompetitive practices. « 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, » James added. The states’ lawsuit specifically alleges that the purchases of both platforms were done illegally and asks the court to bar Facebook from making anymore buys worth over $10 million for the duration of the case.
