A group of U.S. states is investigating Facebook for possible antitrust violations and plans to file a lawsuit against the social media giant next week, Reuters reports, citing “four sources familiar with the matter.”
Diane Bartz and Karen Freifeld for Reuters:
The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet Inc’s Google in October.
More than 40 states plan to sign on to the lawsuit, one source said, without naming them.
The Federal Trade Commission, whose commissioners met on Wednesday, could file a related complaint with an administrative law judge or in district court.
It is not known what the states plan to include in their complaint. One allegation often made against Facebook is that it has strategically sought to buy small potential rivals, often at a big premium. These include Instagram in 2012 and WhatsApp in 2014.
MacDailyNews Take:
Clearly the people at the companies that were bought up “at a big premium” should be required to give the money back.
Mark Zuckerberg is a scourge to democracy, he is in a category of his own with regard to anti-trust, anti-privacy, and the rip off of his members.
In addition, the leaders of FB knew with full knowledge they were making a portal that would obsessively hook the users (“social validation feedback loop”). It’s a psychological/emotional blight to the majority of users.
Thanks Mark for the cultural flytrap.
Anti American little bitches sit at a computer and think they can change the 1st Amendment. F**k Suckaberg and that little nose ringed p***y Jack Dorsey. It is time to take a stand if they hate our freedoms in America feel free to move to North Korea and let us know how it works out. STOP using these platforms be a proud American.