Facebook faces antitrust lawsuits filed by FTC and state attorneys general

390
SHARE

The multistate coalition’s lawsuit accused Facebook of predatory practices

In the multistate coalition’s complaint, Attorney General James and her colleague alleged that Facebook engaged in predatory practices to maintain its monopoly.

The social network giant allegedly “illegally acquired competitors and cut services to smaller threats. As a result, it lessened users from the benefits of competition and privacy protections.

In a statement, Attorney General James, said, “For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users.”

“Facebook used its power to suppress competition so it could take advantage of users and make billions by converting personal data into a cash cow. Almost every state in this nation has joined this bipartisan lawsuit because Facebook’s efforts to dominate the market were as illegal as they were harmful. Today’s suit should send a clear message to Facebook and every other company that any efforts to stifle competition, reduce innovation, or cut privacy protections will be met with the full force of our offices,” she added.