The U.S. Federal Trade Commission and dozens of state attorneys general will file at least one complaint against Facebook early next month. Up to 41 states may join the lawsuit, though they’ve yet to determine if the FTC and the states will file as two groups or one. (Reuters)
Skip to content
The U.S. Federal Trade Commission and dozens of state attorneys general will file at least one complaint against Facebook early next month. Up to 41 states may join the lawsuit, though they’ve yet to determine if the FTC and the states will file as two groups or one. (Reuters)
Talking point: What the plaintiffs will allege in court is not yet finalized, but they’re expected to focus on allegations of Facebook violating antitrust law to protect its social media market share. That includes allegations the company’s US$1-billion Instagram acquisition stifled competition. Governments around the world have also been taking steps against Big Tech. China set out the first antitrust rules for the sector earlier this month. Also in November, the EU brought antitrust charges against Amazon after a year-long investigation, and a tech coalition has asked the European Commission to take action against Google, as well.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Alberta wants to be a model for government AI and power Canada-wide adoption
Briefing
Constellation Software’s Harris acquires TouchBistro
Aritzia doubles its first quarter profits on strong sales
Carney confirms Saudi Arabia’s Public Investment Fund to attend his investment summit
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
