March 10, 2021 07:05 pm
Original Link: https://www.theverge.com/2021/3/10/22323642/facebook-antitrust-ftc-states-new-york-dismiss-instagram-whatsapp-acquisition
Facebook moves to dismiss the US governments antitrust case
In two motions filed Wednesday, Facebook called on the courts to dismiss a pair of sweeping competition cases brought on by the federal government and a coalition of states.
The Federal Trade Commission and a group of state attorneys general filed separate lawsuits against Facebook last December accusing the tech giant of engaging in anti-competitive behavior. The two lawsuits make similar claims, alleging that Facebook bought Instagram and WhatsApp in order to squash the threat the two apps posed to the company’s business. Additionally, the attorneys general accused Facebook of using its market dominance to stifle the growth of competing services.
The FTC’s case also calls for the courts to unwind Facebook’s acquisitions of Instagram...
Original Link: https://www.theverge.com/2021/3/10/22323642/facebook-antitrust-ftc-states-new-york-dismiss-instagram-whatsapp-acquisition
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