California Joins Multistate Lawsuit Against Facebook For Monopolistic Behavior ...Middle East

Sacramento, CA… California Attorney General Xavier Becerra today joined a multistate lawsuit against Facebook for allegedly violating federal antitrust laws by purchasing emerging competitors to maintain a monopoly. The tech giant’s acquisition of Instagram in 2012 and WhatsApp in 2014 left users with fewer options for social networking services, reduced the quality and variety of privacy safeguards, and increased user-facing advertisements. The lawsuit, filed in parallel with a similar suit from the Federal Trade Commission, requests an injunction to stop Facebook from engaging in further anticompetitive conduct and to give states advance notice of certain mergers and acquisitions by the co

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California Joins Multistate Lawsuit Against Facebook For Monopolistic Behavior ...Middle East

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