wordpress blog stats
Connect with us

Hi, what are you looking for?

US govt, states hit Facebook with antitrust lawsuit, propose hiving off Instagram, WhatsApp

“For almost a decade, Facebook has had monopoly power in the personal social networking market in the United States," said a coalition of 48 states in its lawsuit against Facebook. In a significant development, the social media giant was hit by two lawsuits, one by the coalition and another by the US Federal Trade Commission, accusing it of anti-competitive business practices. Both lawsuits have asked for the reversal of Facebook's acquisitions of WhatsApp and Instagram. This is second major antitrust lawsuit filed against a social media giant in recent times. The Department of Justice (DoJ) has filed a lawsuit against Google, where it has proposed breaking up of the Big Tech company. The investigation into Facebook is a part of the larger antitrust scrutiny on Big Tech in the country. The legislative branch of the government has questioned Big Tech CEOs in high-profile hearings in recent months. Subsequently, the Judiciary Committee of the House of Representatives had recently called for a radical overhaul of antitrust law in the country. The states’ lawsuit said that Facebook has maintained a monopoly over personal social networking market in the US. It said the company “illegally maintains that monopoly power by deploying a buy-or-bury strategy that thwarts competition and harms both users and advertisers”. The lawsuit, headed by the Attorney General of New York Letitia James, noted that Facebook takes a “buy-or-bury” strategy to thwart competitors, harming both users and advertisers. It also accused the company of following up with exclusionary tactics to snuff competition, which…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ