The Federal Trade Commission has filed a new antitrust lawsuit against Facebook claiming that it behaved in a monopolizing manner, TechCrunch has reported.
According to the report, both the FTC and various attorneys general have filed two individual but similar suits at the federal and state levels regarding the same matter.
Both allege that Facebook’s acquisition of WhatsApp and Instagram fall under monopolizing and anti-competitive behavior by effectively shutting down nascent competitors, and that the tech and social media giant used it platform to prevent the growth of emerging companies by leveraging access to it.
This would somehow increase competition and also reduce Facebook’s power/position for lobbying and it’s good. However, to make Facebook respect people and other companies, we should take away their surveillance power and make them respect people’s privacy and freedom.