FTC again aims at breaking up Facebook's social network monopoly

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It was in December 2020 that the FTC first filed an antitrust lawsuit against Facebook, arguing that the company had employed anticompetitive practices to ensure its privileged market position. In the filing, the FTC argued that the company should be forced to divest itself of Instagram and WhatsApp, two competing social media platforms that the company purchased for billions of dollars over the past decade…

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