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FTC and 48 States Sue Facebook, Seeking to Force Divestiture of Instagram, WhatsApp

Facebook illegally acquired competitors Instagram and WhatsApp in a blatant abuse of its monopoly power, lawsuits filed by the FTC in coordination with 48 state attorneys general allege. The suits seek to force Facebook to divest Instagram and WhatsApp. The lawsuits allege that Facebook broke U.S. antitrust laws in maintaining a monopoly over the social-networking […]

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