Dec 9, 2020
Major US lawsuits seek break up of Facebook
US federal regulators and more than 45 state prosecutors have sued Facebook, accusing the social media company of taking illegal actions to buy up rivals and stifle competition. Officials are asking the court to consider breaking up the company, which also owns Instagram and WhatsApp. "No company should have this much unchecked power over our personal interaction and social interactions," said New York Attorney General Letitia James, who is leading the legal fight by the states. "That's why we are taking action today." The lawsuits come as US regulators are taking a closer look at the power enjoyed by tech companies.
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