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Why the US government wants Facebook to sell off Instagram and WhatsApp
Why the US government wants Facebook to sell off Instagram and WhatsApp Vox.com 12/10/2020 Rebecca Heilweil © Rafael Henrique/SOPA Images/LightRocket via Getty Images On Wednesday, 48 attorneys general and the Federal Trade Commission filed a lawsuit against Facebook, arguing that the company is a monopoly and that it should be forced to sell off Instagram and WhatsApp. Open Sourced logo On Wednesday, the US Federal Trade Commission and 48 US state attorneys general filed major lawsuits against Facebook that argue the social media giant is a monopoly whose anti-competitive practices harm Americans. The two lawsuits, which follow more than a year of investigations, are the biggest antitrust challenge Facebook has faced. They both essentially call for Facebook to be broken up by forcing it to undo its acquisitions of Instagram and WhatsApp, which together have billions of users.
New york
United states
Letitia james
Sally hubbard
Mark zuckerberg
Joe biden
Us federal trade commission
George washington university
House antitrust committee
Market institute hubbard
Federal trade commission
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Trade commission
York attorney general letitia james
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