Facebook antitrust probes will target acquisition of WhatsApp and Instagram, report states


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Angela Lang/CNET

A group of state attorney generals of the United States, led by New York Attorney General Letitia James, is on track to submit antitrust charges versus Facebook in early December, according to a report Thursday from the Washington Post. The relocation comes as the United States Federal Trade Commission is likewise supposedly completing its antitrust probe into the social networks giant.

State and federal private investigators prepare to bring antitrust charges versus Facebook over its acquisitions of Instagram and WhatsApp, declaring that the offers “helped create an anti-competitive social networking juggernaut,” according to the Post. Investigators might likewise supposedly argue that Facebook weaponized its huge chest of user information to assist quash competitors. 

More than 40 attorney generals of the United States have actually signed up with the probe into Facebook. The examination, which was revealed in September, concentrates on Facebook’s supremacy and possible anticompetitive conduct originating from that position.

The FTC is likewise supposedly getting in the last stages of its examination, which is different from the states’ probe, and might submit charges by the end of the year. The FTC case belongs to a bigger United States antitrust examination into tech business. 

Facebook and the workplace for NY AG Letitia James didn’t instantly react to ask for remark. 

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