• Facebook to Be Hit by Antitrust Cases Over Purchase of Instagram: Report

    10 days ago - By Peta Pixel

    Facebook may reportedly be hit with both state and federal antitrust lawsuits, with one of the main focuses being its 2012 acquisition of the photo-sharing app Instagram .
    The Washington Post reports that the lawsuits will likely accuse Facebook of removing competitors from the social media landscape, leaving consumers with fewer alternatives and helping to “create an anti-competitive social networking juggernaut.”
    The group of over 40 state attorneys general will also likely point to the 2014 acquisition of WhatsApp and accuse Facebook of weaponizing its massive amount of user data to...
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