Communication Nov 20, 2020 09:08 AM (GMT+8) · EqualOcean
Federal and state investigators are preparing to file an antitrust lawsuit against Facebook, arguing that Facebook's acquisition of rival instagram and whats apps has damaged consumers' rights and interests, according to people familiar with the matter, according to the Central News Agency. According to the report, this may be the biggest regulatory challenge Facebook has faced in the past 17 years. According to the Washington Post, citing three people familiar with the situation, investigators believe that Facebook's acquisition of instagram and whats apps has created an anti competitive social networking giant, leaving users with little choice.