Facebook is facing a lawsuit filed by 48 states for monopoly practices and the FTC is joining with supportive legal action. NY Attorney General Latitia James held a news conference to announce the antitrust lawsuit using Instagram & WhatsApp as examples.
WASHINGTON (AP) — Federal regulators on Wednesday sued to force a breakup of Facebook as 48 states and districts accused the company in a separate lawsuit of abusing its market power in social networking to crush smaller competitors.
The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James. The FTC specifically asked a court to force Facebook sell off its Instagram and WhatsApp messaging services.
“It’s really critically important that we block this predatory acquisition of companies and that we restore confidence to the market,” James said during a press conference announcing the lawsuit. (read more)
Facebook is the world’s biggest social network with 2.7 billion users and a company with a market value of nearly $800 billion whose CEO Mark Zuckerberg is the world’s fifth-richest individual and the most public face of Big Tech swagger.
The FACEBOOK FASCISTS have had this coming for a long time and the TWITTER TWOTS and the GOOGLE GREMLINS better watch their steps’cos they are next.
Why is nobody asking why they are doing this now. Trump talked about it, they had months of useless hearings…nothing. Then as soon as they cheat for fake Biden win, they are going after facebook, twitter. and now the evil FBI is warning all police and residents in U.S. about Chinese spies. Remember before it was racist to call the flu the Wuhan virus? Hello? Does nobody here see the absolute obvious absurdity going on now. Why were they silent before? I think the dems want the repubs to take the senate again, they are all pals anyway. The timing of this is too obvious. They leaked that dirt out on Swalwel intentionally. He took one for the team. Never underestimate how deliberate they are. They are all one big party up there, estatic because they think they got rid of our great president.
So according to YOU this is all a big GOP and TRUMP PLOT how PERVERSE can you possibly be.
Here’s a thought from an optimist. Maybe they’re getting scared. Maybe they know Trump’s going to pull this off and the EO is going to come in to play. Since FB and many other companies interfered with foreign governments, as has been reported, their assets can be seized. Maybe this pretense is them trying to look like they are doing something good. We know better.
It appears to be a “limited hangout” so we don’t look at the real issues of zuckerberg s 4 million$ worth of pay outs to Georgia voter frauds.
NY attorney general is named Letitia? Thats … interesting
Most obviously, Mark didn’t get the message and fork over the amount that they had ‘suggested’; they being Letitia’s handler(s), ie, Obama. 350M for “safe elections”, read, election interference? Perhaps enough for that cause, but where’s mine, Obama asks? And the fact that FB, Twitter and Google were invented/created by white boys looks bad for the 13% (still no Fields Medal winners). Anyone who thinks this is about monopoly and control of messaging for Democrats is sadly mistaken. And it wouldn’t hurt to put a 13%er in control of whatever new companies arise out of FB. Then they’ll really control the message!
How much will it cost Zoyberg to get out of this conundrum?
The Obama crew has a number for him, I’cmm sure.
Same NY Ag that has promised to put DJT in prison – is worried about Big Tech Monopolies? Strange.
Breaking up FB from it’s subsidiary properties solves nothing in the “big picture”. And it’s pretty much impossible to just SHUT FACEBOOK DOWN. So it has to be REGULATED – much as we hate the government intruding on our lives.
Facebook wouldn’t be quite so horrible – if they STAYED OUT OF USER CONTENT. I post stuff that offends people (mostly leftists, they’re SO SENSITIVE) – and the amount of time I spend in FB Jail demonstrates that.
I posted a comment on a Ben Shapiro article about Cardi B – “who cares what this thieving whore has to say anyways”. She is in admitted prostitute in her past, that drugged and robbed her clients. 30 days in FB Jail for “bullying” – for STATING FACT.
Now google and youtube will be removing content that attempts to illuminate that there was ELECTION FRAUD.
They all need to be BURNED TO THE GROUND – but – THEY WON’T. This is a GASLIGHTING MOVE on part of the left – it’s “just for show”, so the public will think they’re ACTUALLY DOING SOMETHING – when in fact – THEY WILL DO NOTHING…
Yes, its fun to watch the legal wrangling, this is nothing more than a old fashioned EU Style Tech Company shakedown by bankrupt US Democrat Run States needing cash and Republican Run States piling one on for their share. It could not happen to a nicer thug.
Yet, the attack on Facebook is like licking the top of a giant iceberg and does not hit the real the Cyber Puppet Masters of the democrat party; the carriers, and infrastructure owners who are the real controllers of news and media.
Follow the money. Zuck is selling off his stock (hello SEC) as he has agreed to be the Big Tech Fall guy and test case for how far the bought and paid for US Courts will allow the shakedown to be conducted.
Anybody notice how the major owners of the carriers and infrastructure have been silent and out of the news. Only the middle layer social media platform people have been spot lighted in sham congressional hearings and now this test case shakedown.
Where is all the outrage similar to the telephone company and carrier breakups?? The current effort of just going after social media is the equivalent of just going after the makers of telephones instead of the companies owning the telephone exchanges and lines, at that time.
Stop the FAKECROOK FRAUDS who find great delight in censoring the TRUTH
FaKeBook doesn’t believe in video proof nor sworn affidavits… they prefer to push dnc-inspired, approved and designed conspiracy theories based upon hearsay, skewed data, partisan slander and secret anonymous so called whistle blowers. Where were all the disclaimers on the Russian Hoax they promoted deep and wide???Those bogus labels, tags and disclaimers are designed to run a NEGATIVE SEO campaign and GOOGLE BOMB the truth and game search engine results. Big tech are not honest brokers of the truth. Big Tech is the enemy of truth, justice and the American Way
This man needs to go to jail. It will never happen and that is a shame, but it’s the truth.
Good. ’bout time.
I would think this Corrupt AG would botch the case to protect them.
Look to the EU as an example of corrupt Justice Ministers (AG’s) conducting shakedowns. Big Tech is about to find out the cost of doing business with politicians.
Interesting how there always seems to be a falling out among thieves, over money. Although, in this case the politicians will need to be smart to understand how hard they can push before very bad things begin to happen in the lives of those whom the puppet masters choose as examples.
WHY did they wait until AFTER the election?
Zuck didn’t play so he has to pay. That tool for Marxism, AG Letitia James, is not doing anything to benefit anyone except her derp state handlers.
The problem is this all goes away if Facebook pays adequate fines.
It starts at the top.
If Biden and his family can take money from China, these folks will just settle for $$$.
We need principles and very few in government are willing to leave because of principles.
We’re living in The Twilight Zone…. it’s absurd
This is interesting, FB appears to have failed to reply to SCOTUS. Looks like even Roberts can’t avoid this hot potato. We shall see if FB sees any consequence.
A year too late.