The attorneys of 46 of the 50 states in the US, the Washington DC area and Guam Island, and the Federal Trade Commission filed two antitrust cases against Facebook.

In the US government’s lawsuits against the social media giant, Facebook was accused of “abusing its dominance in the digital market, monopolization and making competition impossible.”

In the lawsuit filed about 14 months after the New York Attorney General’s investigation against Facebook with other states, the social media giant was asked to be split.

New York Attorney General Letitia James accused Facebook of using its dominance and monopoly power in the market for nearly 10 years to crush and exclude small rivals from the race.

The US Federal Trade Commission (FTC) also filed a separate lawsuit to split Facebook on the grounds that it created a monopoly by purchasing its competitors.


$ 1 billion purchase from Facebook

In a statement made by the FTC, it was claimed that Facebook has illegally maintained its social network monopoly for years against the competition.

Reminding that Facebook bought Instagram in 2012 and the mobile messaging application WhatsApp in 2014, it was noted that the company imposed anti-competitive conditions on software developers.

In the statement, it was stated that these actions of Facebook were not “fair”, they harmed consumers by restricting competition and deprived advertisers of the benefits of competition.

Pointing out that the FTC has demanded measures that would require the disposal of the company’s assets, including Instagram and WhatsApp, it was stated that Facebook was asked to prohibit imposing anti-competitive conditions on software developers and to require the company to obtain prior notice and approval for future mergers and acquisitions.


Technology giants announced their third quarter balance sheets

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