Tag: US Federal Trade Commission

• Thursday, December 10th 2020 - 09:43 UTC

  Facebook faces mass lawsuits and could be forced to sell WhatsApp and Instagram

  

  Facebook could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission (FTC) and nearly every US state filed lawsuits against the social media company, saying it used a “buy or bury” strategy to snap up rivals and keep smaller competitors at bay.