Facebook is going to be spending a lot of time in court after the U.S. Federal Trade Commission (FTC) and almost every U.S. state sued the social media company today. At issue is the “buy or bury” strategy used to snap up rival firms and keep smaller competitors away. , Facebook was charged in two lawsuits of using its financial power to buy out rivals. In 2012, , which at the time was a photo-filter related app.
U.S. sues Facebook seeking a divestiture of Instagram and WhatsApp
Eventually Instagram added a Stories feature that made it extremely … Read more
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