Facebook Antitrust Probes Will Target Acquisition of WhatsApp and Instagram


A group of state attorneys general, led by New York Attorney General Letitia James, is on track to file antitrust charges against Facebook in early December, according to a report Thursday from the Washington Post. CNET: The move comes as the US Federal Trade Commission is also reportedly finalizing its antitrust probe into the social media giant. State and federal investigators plan to bring antitrust charges against Facebook over its acquisitions of Instagram and WhatsApp, alleging that the deals "helped create an anti-competitive social networking juggernaut," according to the Post. Investigators may also reportedly argue that Facebook weaponized its vast trove of user data to help quash rivals.

 Facebook Antitrust Probes Will Target Acquisition of WhatsApp and Instagram

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Tags: Facebook, New York, Instagram, Tech, US Federal Trade Commission, Letitia James, Facebook Antitrust Probes Will Target Acquisition, Washington Post CNET

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