“Personal social networking is central to the lives of millions of Americans,” said Ian Conner, Director of the FTC’s Bureau of Competition. “Facebook’s actions to entrench and maintain its monopoly deny consumers the benefits of competition. Our aim is to roll back Facebook’s anticompetitive conduct and restore competition so that innovation and free competition can thrive.”
Read the full article: FTC Sues Facebook for Illegal Monopolization | Federal Trade Commission
This is good news! I’ve railed repeatedly here in StringDancer about Big Tech’s abuses of monopolistic power, and Facebook is one of the worst. I was cruising through just this morning, and the level of vitriol, especially coming of the self-righteous left, is well-nigh intolerable. I posted nothing today on FB… other than a link to this article with the comment, “About damn time!”
Here’s another article by Outkick.com with perspective on the FTC suit against FB:
FTC sues to break up Facebook, Instagram and WhatsApp
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