Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 10, 2020 03:45 pm

The good and the bad in the governments case against Facebook





Illustration by Alex Castro



I.


After writing about the potential breakup of Facebook for years, it’s somewhat surreal for me to see the prospect actually arrive. But it’s here: the Federal Trade Commission voted 3-2 to sue Facebook for illegally maintaining a monopoly in social networking, arguing it has used acquisitions and harsh restrictions on third-party developers to prevent competitors from ever gaining a foothold.


If successful, the FTC’s case — which was joined by 46 states, the District of Columbia, and Guam — could force the company to divest itself of Instagram and WhatsApp, radically reshaping the digital economy. The move comes less than six weeks after the Department of Justice filed an antitrust lawsuit accusing Google of also maintaining an illegal...



Continue reading…




Original Link: https://www.theverge.com/2020/12/10/22166978/facebook-ftc-antitrust-instagram-whatsapp-tiktok

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge