Facebook deals with antitrust cases that call for breakup
Facebook faces a pair of antitrust cases filed by 46 states, the District of Columbia and Guam, and the Federal Trade Commission. The lawsuits allege that Facebook became dominant in the social media industry through anticompetitive tactics stretching back years. Those tactics included the acquisitions of WhatsApp and Instagram, which could have become serious competitors with Facebook. Q3 2020 hedge fund letters, conferences and more Antitrust cases call for breakup of FacebookThe antitrust cases filed against Facebook also call for a breakup of the $800 billion company. The company could be ...