FTC seeks to break up Facebook, alleging illegal monopoly

The Federal Trade Commission today announced a new antitrust lawsuit against Facebook, alleging that the social network has used monopoly power “with the aim of suppressing, neutralizing and deterring serious competitive threats,” and must be broken up. The suit is separate from, but was investigated in coordination with, one from 48 attorneys general also announced … Continue reading FTC seeks to break up Facebook, alleging illegal monopoly