The Age of Aquarius
- Sep 27, 2005
- Healthcare Provider
FTC + 48 States Sue Facebook: This could force Facebook to divest Instagram and WhatsAppPUBLISHED WED, DEC 9 20202:33 PM ESTUPDATED WED, DEC 9 20204:09 PM EST
- The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday.
- The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp.
- Both are seeking remedies for the alleged anticompetitive conduct that could result in requiring Facebook to divest the two