9/26/2023 0 Comments Brother pe design 10 on facebookThis course of conduct harms competition, leaves consumers with few choices for personal social networking, and deprives advertisers of the benefits of competition. Following a lengthy investigation in cooperation with a coalition of attorneys general of 46 states, the District of Columbia, and Guam, the complaint alleges that Facebook has engaged in a systematic strategy-including its 2012 acquisition of up-and-coming rival Instagram, its 2014 acquisition of the mobile messaging app WhatsApp, and the imposition of anticompetitive conditions on software developers-to eliminate threats to its monopoly. The Federal Trade Commission today sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct.
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