Is the Facebook empire threatened? The US Federal Trade Commission (FTC) – the main competition authority in the United States – as well as prosecutors representing 48 states and territories in the country announced Wednesday that they had filed two separate complaints against the largest social network in the world. This large-scale coalition accuses Mark Zuckerberg’s group of abusing its dominant position to stifle competition by buying up promising nuggets.
“Facebook’s actions to establish and maintain its monopoly deprive consumers of the benefits of competition,” said Ian Conner, director of the FTC’s Competition Bureau, in a press release. Our aim is to curb anti-competitive behavior by Facebook (…) so that innovation and free competition can flourish. “
Instagram and WhatsApp acquisitions scrutinized
In detail, the American group created in 2004 is accused of having “Engaged in a systematic strategy” for “Eliminate the threats weighing on its monopoly“. His strategy: to acquire promising nuggets in turn before they overshadow him. The two emblematic examples are the acquisitions of the network …
