On December 9, the FTC announced that it will sue Facebook for violating antitrust law along with 46 states’ attorneys general. The complaint, filed in the United States District Court for the District of Columbia, alleges that “Facebook has engaged in a systematic strategy … to eliminate threats to its monopoly,” violating Section 2 of the Sherman Act. This strategy included buying out competitors like Instagram and WhatsApp. This lawsuit comes less than two months after DOJ filed its lawsuit against Google for engaging in illegal monopolistic behavior. Read more here.
Members of the News/Media Alliance staff have contributed to this post.