FTC’s Facebook Trustbusting Is A Zealous Takedown
Consumer group: The FTC’s Facebook trustbusting is a zealous takedown that harms consumers and punishes innovation Q3 2020 hedge fund letters, conferences and more FTC Wants To Breakup FacebookWASHINGTON, D.C — On Wednesday, the Federal Trade Commission (FTC) issued its long-awaited lawsuit, in conjunction with attorneys general from 46 states, that aims to force Facebook to break up its popular services WhatsApp and Instagram for alleged “anticompetitive” behavior. Yael Ossowski, deputy director of the Consumer Choice Center, a millennial consumer advocacy group based in Washington, D.C., sai...