The FTC is having another crack at breaking up Facebook, WhatsApp, and Instagram
What you need to know
- The FTC is going after Facebook again.
- The body has filed another lawsuit against the company, on the grounds that its acquisitions strategy is anticompetitive.
- If successful, the FTC could force Facebook to sell WhatsApp and Instagram.
The FTC is having another run at Facebook over claims its acquisitions of apps like WhatsApp and Instagram were anticompetitive.
In an amended complaint filed Thursday, the FTC stated:
Specifically, the FTC claims that Facebook has "maintained its monopoly position" within social media by following a strategy of anti-competitive acquisitions, noting Mark Zuckerberg's own words stating "it is better to buy than compete" from 2008:
In its prayers for relief, the FTC is asking the court to force Facebook to sell off WhatsApp, Instagram, and even some other assets to restore competition in the industry. The FTC's case had previously been dismissed on the grounds it had not plausibly established that Facebook had monopoly power in the market for personal social networking services. Keeping one eye on the suit will be Apple, who have asked the judge in its Fortnite legal battle to consider the dismissal of the case as one of the reasons why it should rule against Epic Games.
In response Facebook stated "It is unfortunate that despite the court's dismissal of the complaint and conclusion that it lacked the basis for a claim, the FTC has chosen to continue this meritless lawsuit." The company continued:
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9