2020-11-19

News that US federal investigators will file antitrust charges against Facebook

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DoNews November 19 news (Reporter Cheng Mengling) According to foreign media reports, state and federal investigators are preparing to initiate antitrust lawsuits against Facebook for the technology giant’s acquisition of two competitors Instagram and < Span class=”entity-word” data-gid=”3149015″>WhatsApp transaction was questioned. Investigators allege that these two acquisitions helped Facebook develop into an anti-competitive social networking giant, and ultimately resulted in users having few other high-quality choices.

Three people familiar with the matter disclosed that these allegations can form a key part of a series of legal actions that ultimately threaten Facebook. This is also the most severe regulatory challenge that Facebook may face in the past 17 years since its establishment.