Report: Facebook Antitrust Probe Focuses on Acquisitions that Made It a 'Social Networking Juggernaut'

Report: Facebook Antitrust Probe Focuses on Acquisitions that Made It a 'Social Networking Juggernaut'


A group of state attorneys general, led by the New York Attorney General Letitia James, is reportedly on track to file antitrust charges against tech giant Facebook in early December with a focus on the company’s acquisition of WhatsApp and Instagram.

CNET reports that tech giant Facebook is soon to face a number of challenges as a group of state attorneys general led by the New York Attorney General Letitia James plans to file antitrust charges against the social media firm. The move coincides with the FTC reportedly finalizing its own antitrust probe into Facebook.

State and federal investigators reportedly plan to bring antitrust charges against Facebook over its acquisitions of the video and photo-sharing app Instagram and the messaging service WhatsApp, claiming that the deals “helped create an anti-competitive social networking juggernaut.” Investigators are reportedly likely to argue that Facebook also weaponized its vast trove of user data to quash

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