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

Keywords :   


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

2021-08-20 02:00:00| Total Telecom industry news

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…read more on TotalTele.com »

Tags: social network breaking aims

Category:Telecommunications

Latest from this category

All news

11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
12.12No 10 says it backs pubs as landlords bar Labour MPs in tax protest
12.12Congress voices concern, praise for Trumps $12B farmer aid announcement
12.12Crafters warn of imported 'tat' at festive fairs
More »