FTC lawsuit seeks to unwind Facebook's purchase of Instagram and WhatsApp - techbrinks

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Thursday, 10 December 2020

FTC lawsuit seeks to unwind Facebook's purchase of Instagram and WhatsApp


Specifically, the complaint calls out Facebook’s 2012 acquisition of “up-and-coming rival” Instagram and its 2014 purchase of mobile messaging app WhatsApp. The suit also targets what the FTC called “the imposition of anticompetitive conditions on software developers” to curb threats to its “monopoly.”

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