FTC says Facebook 'bought and buried' rivals in renewed antitrust fight


FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic

WASHINGTON (Reuters) -The U.S. Federal Trade Commission refreshed its antitrust case against Facebook Inc on Thursday, adding more detail on the accusation the social media company crushed or bought rivals and once again asking a judge to force the social media giant to sell Instagram and WhatsApp.

At 80 pages, the new complaint is significantly longer than the original one and includes additional data intended to support the FTC's contention that Facebook is a monopolist. An expanded portion of the complaint argues that Facebook dominates the U.S. personal social networking market with more than 65% of monthly active users since 2012.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Verizon forecasts upbeat annual profit as wireless subscriber growth hits six-year high
Sandisk surges as robust AI demand powers blowout forecast
Indian e-commerce firm Meesho's quarterly loss spikes as it ramps up marketing
Meta faces New Mexico trial over child-exploitation claims
Dutch regulator to probe Roblox over risks to minors
UK schoolgirl game character Amelia co-opted by far-right
Waymo probed after robotaxi struck child near California school
Amazon found ‘high volume’�of child sex abuse material in AI training data
US has investigated claims WhatsApp chats aren’t private
Chinese AI goes next level in geometry at a top US maths Olympiad

Others Also Read