Facebook faces TWO antitrust lawsuits, as FTC and 48 US states & territories mount parallel challenges ...News

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The Federal Trade Commission and a coalition of almost all state attorneys-general have sued Facebook for violation of the Sherman and Clayton antitrust acts over its ownership of WhatsApp and Instagram. The FTC lawsuit was announced on Wednesday, as New York AG Letitia James made public that 47 of her colleagues from 45 states – as well as the District of Columbia and Guam – were launching a separate antitrust challenge before a DC federal court. Any efforts to “stifle competition, hurt small business, reduce innovation and creativity, cut privacy protections, will be met with the full force of our offices,” James told reporters. The

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